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OECD: Global growth continuing at a moderate pace
While the global recovery continues at a moderate rate, the outlook is uneven across regions. Growth will be strong enough to push unemployment down further in the United States, the United Kingdom and Canada. In Japan, where unemployment has already declined to low levels, the economy will grow broadly in line with its potential. China is expected to continue an orderly adjustment to still high but more sustainable growth rates. Growth in India is projected to pick up and Brazil will experience a modest rebound from recession. Presenting the Interim Economic Assessment in Paris, OECD Deputy Secretary-General and ... (full story)