OECD boss warns of ‘cut-throat’ post-crisis period
DAVOS, Switzerland (AP) — The head of a leading international economic body says the post-crisis period is likely to be a “cut-throat” business as everyone tries to recover the ground lost during the last few years.
Angel Gurria, the secretary-general of the Organization for Economic Cooperation and Development, said Wednesday that “everybody’s going to try to recover the jobs they lost, the welfare well-being they lost, the exports they lost and they are going to recover it in the shortest period of time.”
In an Associated Press interview at the World Economic Forum, Gurria says the global recovery is “patchy” and that governments have to make sure the spoils are spread through society.
He says they have to leave room in their spending to help those that are “effectively victims of the crisis.”