Chief Economist at the OECD Catherine L Mann joins Ed Mitchell on Investment Perspectives to discuss a new forecast from the OECD which predicts a drop of 3% GDP if the UK votes to leave the European Union, as well as impacting the EU itself negatively. She also discusses difficulties in a world of slow financial growth.
In light of disappointing recent data, the OECD have again revised down their forecasts for the global economy. Emerging economies, considered the engines of growth only a few years ago, continue to slow while advanced economies have undergone at best modest growth. So why has robust global growth remained elusive and more importantly what urgent policy responses has the OECD called for? For answers Share Radio's Alexi Phillips spoke to Catherine Mann, chief economist at the OECD, earlier today
Japan's long-term Credit rating has been downgraded by S & P to A+, in response to continued poor economic performance. William Saito, special adviser to the Cabinet Office of the Government of Japan, talks us through the impacts this could have on Abenomics.