· Mathias Cormann Wiki · OECD WikiOECD Economic Outlook 2022
Read full speech on oecd.org ↗ContextLaunch of the twice-yearly forecast of the OECD, whose mission is to help its 38 member countries design better economic policies, as the war in Ukraine pushed up energy and food prices.
Why it mattersCormann warns that the invasion threatens food and energy supplies worldwide.
Problems raised
- Geopolitical tension and pandemic persist.
- Russia's war causes suffering.
- Food and energy security are at risk.
Solutions proposed
- Address short-term pressures.
- Pursue structural challenges.
- Ensure energy and food security.