OECD chief calls for new Marshall Plan against pandemic

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Tue, 2020-03-24 02:55

LONDON: Rich governments scrambling to defend their economies from the coronavirus pandemic are being urged to coordinate to ward off a long-lasting global recession and future waves of infections from poorer nations.

The head of the OECD group of advanced economies said the coordination ought to exceed both the 1930s New Deal and the Marshall Plan, which rebuilt Europe after the Second World War.

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