Showing posts with label globally integrated markets. Show all posts
Showing posts with label globally integrated markets. Show all posts

Saturday, July 02, 2011

OECD warns of future unrest in the global economy

Pandemics, cyber attacks, financial crises, civil unrest and geomagnetic storms - these are the five “global shocks” that could destabilise the global economy, according to a new report by the Organisation for Economic Co-operation and Development (OECD).

In its latest revelation, the Paris-based international economic organisation of 34 advanced nations warns that those disruptive shocks are likely to occur with increasing frequency and cause greater “economic and societal hardship” to the international community.