OECD says crises will continue to occur


Disruptive shocks to the global economy are likely to become more frequent and cause greater economic and societal hardship, an Organisation for Economic Cooperation and Development (OECD) report, published on Monday, said.

The report, entitled: Future Global Shocks; Improving Risk Governance, said that although multiple theories have been put forward to address the source of financial crises and how they can be prevented, economic spillover effects, such as those witnessed during the financial

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