OECD boss warns global economy in fragile state

The world economy is at its most fragile since the 2008-09 financial crisis, with recovery impeded by stalling global trade growth and a bitter territorial row between China and Japan, OECD Secretary General Angel Gurria told Reuters on Thursday.

Reviving global trade was vital to engineering a rebound in economic growth, and failing to deliver that raised the risk of a burst of protectionist policies, said Gurria, who heads the Paris-based policy laboratory for the world’s top economies.

via Business feed http://www.scmp.com/business/economy/article/1041456/oecd-boss-warns-global-economy-fragile-state