OECD Warns of Low Growth Trap

The OECD criticizes governments for over-relying on monetary policy and urges them to increase spending and investment to boost trade and economic growth. The organization highlights the need for developed nations to address negative interest rates and improve credit flow, especially for small and medium enterprises. The transcript also touches on the economic implications of Brexit and concerns about the global commodity cycle, emphasizing the need for governments to take action.

What does the OECD suggest governments should do to boost trade?

What impact does Brexit have on the UK's economic outlook according to the OECD?