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OECD: Prospects brighter for global economy

A leading international agency has upgraded its forecast for global growth for this year.

A leading international agency has upgraded its forecast for global growth for this year. The Organisation for Economic Cooperation and Development said the world economy is likely to expand by 5.6% in 2021, and its chief economist Laurence Boone explains why the OECD believes prospects for growth are looking rosier. Also in the programme, the China National Offshore Oil Company, or CNOOC, has been de-listed from the New York Stock Exchange, and the Βι¶ΉΤΌΕΔ's Samira Hussain tells us what's behind the move. Plus, we take an in-depth look at Greenland, whose economy some believe is ripe for expansion. Allun Hubbard, a professor of glaciology at the Arctic University of Norway discusses prospects for agriculture in Greenland. The country depends heavily on funds from Denmark, but former Greenland prime minister Aleqa Hammond explores whether it could ever become independent. And Tracy Marchaud of the University of Southern Maine makes the case for a stronger tourism sector on the island.

(Picture: Construction workers. Picture credit: Reuters.)

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27 minutes

Last on

Tue 9 Mar 2021 15:32GMT

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  • Tue 9 Mar 2021 15:32GMT