The global economy will grow 4.2% next year and ease to 3.7% in 2022, after shrinking 4.2% this year, OECD says.

A female soldier wearing personal protective equipment (PPE) disinfects herself during training on how to handle bodies of coronavirus victims, amid the spread of the coronavirus disease (COVID-19), in Kathmandu, Nepal on October 15, 2020 [Navesh Chitrakar/Reuters]

The outlook for the global economy is improving despite a second wave of coronavirus outbreaks in many countries as vaccines emerge and a Chinese-led recovery takes hold, the OECD said on Tuesday.

The global economy will grow 4.2 percent next year and ease to 3.7 percent in 2022, after shrinking 4.2 percent this year, the Organisation for Economic Cooperation and Development said in its latest Economic

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