Confronting the Crisis - OECD Economic Outlook November 2022

This presentation addresses/discusses the OECD's latest Economic Outlook announced on 22 November, 2022, which shows that the global economy is expected to slow further in the coming year as the massive and historic energy shock triggered by Russia’s war of aggression against Ukraine continues to spur inflationary pressures, sapping confidence and household purchasing power and increasing risks worldwide. The presentation will also cover Japan's economic forecast, as well as policy recommendations such as accelerating structural reforms to boost productivity and wages, improving fiscal sustainability and sustainable growth, and continuing to communicate current and future monetary stance clearly and timely.