OECD iLibrary Expert Series
Economic Outlook: Keeping the Global Recovery on Track

Sponsored by OECD iLibrary
Recorded on 12/02/2021

Posted in Scholarly Communication and Research

What’s the latest economic outlook and path to recovery for the U.S. and other major economies?

Summary:

Countries are working hard to keep the global recovery on track, yet many risks remain as countries emerge facing different challenges, and varying vaccination rates.

In the U.S., demand for some goods and housing prices have surged, pushing up inflation. This is being compounded by tensions in supply chains, higher shipping and commodity prices, and labor shortages caused by the phenomenon known as the “Great Resignation”, causing a slowdown in growth during the third quarter of 2021.

Building back better will mean making structural and systemic changes to tackle pre-existing weaknesses, as well as those arising from the pandemic.

How should policy makers confront these challenges to ensure economic resilience and sustainability; boost productivity; and help people achieve a just and inclusive recovery?

On December 2, join OECD iLibrary and Choice/ACRL for a presentation of the latest economic outlook for the U.S. and major economies. The session will also discuss the economic policies needed for the economic recovery, both in the US and throughout the OECD.


Speakers:

  • Image of Patrick Lenain

    Patrick Lenain

    Assistant Director, Country Studies Branch, Economics DepartmentOECD

    Mr. Lenain leads a team of economists recommending better policies to the governments of Australia, Bulgaria, China, Costa Rica, Denmark, Estonia, Malaysia, Thailand, United States, and Vietnam. He is also a co-manager of the OECD Global Forum on Productivity and organizes the periodic OECD Ministerial Summits on Productivity in Latin America and in Asia.

  • Image of Ben Westmore

    Ben Westmore

    Head of United States and Australia Desk, Economics DepartmentOECD

    Mr. Westmore is currently a Deputy Head of Division in the Country Studies Branch of the Economics Department and is the Head of the United States and Australia desk. He has previously been Head of the Japan, Ireland and Portugal desks in the department. Before joining the OECD, he held positions as an economist at the Reserve Bank of Australia and in the financial sector.