OECD sees growth peaking at 8-year high next year as investment lags and debt builds

Paris

GLOBAL economic growth is set to peak at an eight-year high next year as uninspiring investment and increasingly dangerous debt levels limit room for further improvement, the OECD said on Tuesday.

The global economy is on course to grow 3.6 per cent this year before reaching 3.7 per cent next year then ease back to 3.6 per cent in 2019, the Organisation for Economic Cooperation and Development (OECD) said in its latest outlook.