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OECD to G-20: No easy way out of global economic slowdown

'Monetary, fiscal and structural policies' are needed to spur demand

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THIS IS A WINDOW: Mr Gurria said the current low interest rates give governments fiscal space to make investments to boost demand and growth.

Tokyo

THERE are no quick fixes for the slowdown in the global economy, and policymakers in both advanced and emerging economies will need to deploy a broad range of reforms to get growth going again, the Organisation for Economic Cooperation and Development (OECD) warned on Friday.

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