Technology supports global growth, while economic risks persist
Investments in artificial intelligence, which have fueled global economic growth, are expected to continue and generate significant long-term benefits, said Mathias Cormann, Secretary-General of the Organisation for Economic Co-operation and Development (OECD), in an interview with Bloomberg Television, quoted by Agerpres.
The Paris-based organisation recently upgraded its outlook for several major economies, including the United States, noting that technology spending already provides support amid ongoing trade uncertainty.
Read also: Artificial intelligence becomes a top business priority in Romania for 2025
“We expect investment levels in artificial intelligence to continue to grow for some time. Over the medium and long term, we expect a significant positive impact on productivity growth, driven by the spread and accelerated adoption of artificial intelligence across the entire economy,” Mathias Cormann said.
However, the OECD forecasts a slowdown in global economic growth. The world economy is expected to expand by 2.9% next year, down from 3.2% in 2025, as trade tensions may intensify.
“We see a fairly high level of downside risks. The impact of tariffs has not yet been fully felt, and there remains a level of trade uncertainty alongside a wide range of other structural pressures,” Cormann added.
The OECD is an intergovernmental organisation with 38 member countries, founded in 1961 to promote economic progress. Romania is currently in the accession process, which involves providing additional technical information, evaluation missions, and assessments across the organisation’s 26 committees.
Photo: Adevărul
