Biz@India OECD Special May 2018

Biz@India

May 2018

As we once again gather for the Organisation for Economic Co-operation and Development (OECD) Week here in Paris, a lot has changed since the last major gathering of businesses and policy makers from around the world that took place in Davos during the World Economic Forum in late January.

The mood then was very optimistic and outlook robust. Global businesses were extremely upbeat as the world economy had just completed its best year in over a decade, with a 3.8 pc growth. On the political side, too, things were looking stable.

Since then, things seem to have gone berserk in practically all spheres, including economies and geopolitics. Hence, the situation of global economy is bound to figure high in the meeting at the OECD as are issues like inclusive growth, sustainable development, education and training, health and even tourism.