A number of countries are seeing their populations decline due to a lack of investment in education, jobs and infrastructure.
In a report released today, the OECD predicts that by 2060, about a third of the world’s population will live in places that are below half of their countries’ median incomes.
“We’re at a moment where the world is in the midst of a massive demographic change that is taking place at the same time that we’re trying to tackle the economic challenges we face in the world,” said OECD secretary-general Angel Gurria.
We’re witnessing it in places around the world, and as we’ve seen in the United States, this is going to become a global problem.” “
This is a global challenge, and it’s not only in the US.
We’re witnessing it in places around the world, and as we’ve seen in the United States, this is going to become a global problem.”
The report found that in many countries, education levels are low, as are economic opportunities and infrastructure, which are key to maintaining economic growth.
“The globalisation of education is happening at a faster pace than we expected,” Gurria said.
“So much of the development of our economies, and of our societies, is now happening online, rather than at a traditional school, or at a primary school.”
The fact that our countries are getting so far behind, with respect to the development, is a very important point.
“So it’s important to recognise that in the coming years, it will be our task to make sure that we get our societies and our countries back on track.”
The report comes as a report from the International Monetary Fund warns that the global economy is on the brink of a “catastrophic slowdown”.
The IMF expects global growth to slow to below 2 per cent by the end of the decade and the economy will shrink by 2 per 1,000 people by 2035.
The global economy would contract by an average of 3.1 per cent between now and 2060 if global growth rate were to remain unchanged, the IMF said.
The report warned that a lack a “rational global supply chain” could “have significant impacts” on economic growth and employment.
This could lead to “a further drop in economic growth over the medium term”, the IMF warned.
It also warned that economic uncertainty was “not limited to the US”, and that “the global economy faces challenges related to labour markets, political instability, trade, migration, social tensions, political unrest, the role of women, and many other factors”.
Gurria, who will deliver the report during the United Nations General Assembly in September, said he was confident that the OECD’s findings would be “further validated” by the OECD, the World Bank and other international bodies in their deliberations.
At a press conference in Berlin, he also said the OECD had been “frightened by the fact that we are not hearing from the governments of the developing countries”.
“We need to do more.
The OECD is a non-profit organisation.
We are independent.
We have our own budget, we have our independence.
We will work in a manner that is transparent and democratic,” he said.
In the US, Trump has promised to build a wall along the US-Mexico border and has vowed to make Mexico pay for it.
“We want to be strong, we want to fight for our sovereignty, we don’t want to pay for this wall,” Trump told Fox News on Tuesday.
Trump has also threatened to impose tariffs on China, Mexico and other nations that he says are ripping off the US dollar.