// EQUALITY: MACROECONOMIC POLICY
The OECD is supporting South Africa’s 2025 presidency with evidence-based solutions to boost productivity, empower people and strengthen supply chains for sustainable, inclusive growth Tackling uncertainty to revive growth T he global outlook has become more challenging. Persistent policy uncertainty, increased trade barriers, and weak consumer, business and investor confidence are weighing on investment and growth prospects. Trade costs and trading barriers have risen. Any setback from the projected growth or disinflation path could trigger market corrections, prolong restrictive monetary policy and further undermine global growth. By facilitating purposeful multilateral dialogue and cooperation, the G20 can help address these shared challenges. This includes efforts to make international trading arrangements fairer and work better, while safeguarding the benefits of open markets and rules-based trade. Under South Africa’s 2025 G20 presidency, the G20 is focusing on three key actions to lay the foundations for stronger and more sustainable global growth, which the Organisation for Economic Co-operation and Development is supporting with our unique evidence base and policy best practices. Mathias Cormann, OECD secretary general
First, reviving productivity. The OECD has documented the productivity slowdown in recent decades. But, according to OECD estimates, artificial intelligence could lift productivity by up to 1.3 percentage points in countries with high AI exposure. Increasing investment in infrastructure and digital skills is essential to facilitate AI adoption. Towards this goal, the G20’s
AI for Africa Initiative is seeking to accelerate the implementation of the African Union’s Continental AI Strategy and harness AI for the continent’s development. The OECD is
supporting this effort through the OECD.AI Policy Observatory – a global repository of policies, data and analysis for trustworthy AI – along with
44 // G20 SOUTH AFRICA: THE JOHANNESBURG SUMMIT 2025
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