(NYT) World Economy Improving at Sluggish Pace, O.E.C.D. Reports

The world economy continues to heal at a disappointingly slow pace, the Organization for Economic Cooperation and Development said on Wednesday, but it predicted that growth should return to a healthier rate close to its long-term goal by the end of 2016.

“Global growth is improving, but it’s not good enough,” Catherine L. Mann, the organization’s chief economist, said in a conference call held before the release of the forecast by the O.E.C.D., the research and policy organization of the world’s richest countries. “It’s a B-minus performance.”

The slow growth has had harmful consequences, Ms. Mann said, contributing to weak labor markets and rising inequality in many countries.

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