A resurgent world economy is seen leaving many behind

Period of uncertainty: A vendor delivers bags of vegetables to a fresh produce store in Beirut, Lebanon. Inflation is expected to increase temporarily, but the longer-term outlook remains uncertain, with upside risks, the OECD says. — Bloomberg

A strengthening world recovery from the Covid-19 pandemic risks leaving behind many regions, fuelling inequalities across and within borders, the Organisation for Economic Cooperation and Development (OECD) said.

As the Paris-based group revised up its 2021 global growth forecast to 5.8% from 5.6%, it warned of gaping differences that mean living standards for some people won’t return to pre-crisis levels for an extended period.