The Organization for Economic Cooperation and Development (OECD) believes that the global economy could return to the state before the new coronavirus pandemic, next year. that at the same time it would not be equitable and that the average standard of living in developed economies would remain below levels prior to 2020. According to forecasts published by Euronews, the global economy will grow 5.8% this year and 4.4% in the next, after contracting 3.5 percent in 2020. “Based on existing policies, the Eurozone will need another year, relative to the United States, to reach pre-pandemic levels.” Laurence Boone, chief economist at the OECD, explained, quoted by Euronews. The OECD highlighted that during the period of the onset of the pandemic, a world state of emergency, a great deal of support was given to several countries, however, in this phase that follows, which is the recovery of the economy, it is important that this support is directed to investment. The OECD warned that governments need to be prepared to face the consequences of the pandemic, as in addition to defrauding the economy of nations, it has subjected the health system to collapse, the education, among several other fields of action. Source: O País

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