OECD Economic Outlook

1609-7408 (online)
0474-5574 (print)
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The OECD Economic Outlook is the OECD’s twice-yearly analysis of the major economic trends and prospects for the next two years. Prepared by the OECD Economics Department, the Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments.

Coverage is provided for all OECD member countries as well as for selected non-member countries. Each issue includes a general assessment, chapters summarizing developments and providing projections for each individual country, three to five chapters on topics of current interest such as housing, and an extensive statistical annex with a wide variety of variables including general debt.
Also available in French, German
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OECD Economic Outlook, Volume 1999 Issue 2

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17 Jan 2000
9789264168473 (PDF) ;9789264161672(print)

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Twice a year, the OECD Economic Outlook analyses the major trends that will mark the next two years. It provides in-depth coverage of the economic policy measures required to foster high and sustainable economic growth in each Member country. Recent measures and forthcoming developments in major non-OECD economies in East Asia, Central and Eastern Europe (particularly Russia), and South America are also evaluated in detail.

In addition to the themes featured in every semi-annual edition, this issue also addresses these important questions: - To what extent did some government budget components automatically operate to smooth the business cycle in OECD countries over the 1990s? - How effective are making work pay policies aimed at improving the employment and income situation of people with low earnings capacity? - What are the challenges facing public debt managers in OECD countries over the coming years? - What are the characteristics of regulatory frameworks in OECD countries? What are the interrelations between various sets of regulatory provisions?

Also available in French, German
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Table of Contents

I. General assessment of the macroeconomic situation
-The global economic situation and the outlook for the OECD area
-Current macroeconomic policy requirements in major OECD regions
-Medium-term fiscal priorities
-Sustaining the momentum for structural reforms
-Appendix: Quantifying the medium-term consequences of risks to the US economy
II. Developments in individual OECD countries
-United States
-United Kingdom
-Czech Republic
-New Zealand
III. Developments in selected non-member economies
-Dynamic Asia And China
-Russian Federation and Central and Eastern Europe
-South America
IV. The size and role of automatic fiscal stabilisers
-How large are automatic fiscal stabilisers?
-What impact do automatic fiscal stabilisers have on the economy?
-Do automatic fiscal stabilisers have an impact on longer-term performance?
-Appendix: Gauging automatic fiscal stabilisers
V. Making work pay
-The economic situation of persons with low skills
-Making work pay policies in the 1990s
-The impact of making work pay policies
-Enhancing the effectiveness of making work pay policies
VI. Public debt management at the cross-roads
-Debt management as debt is dramatically lowered: the case of the United States
-Challenges in developing a unified bond market: the case of the euro area
-Debt management when the stock of debt is growing: the case of Japan
-Appendix: The primary objectives of debt management: minimising cost while reducing risk
VII. Cross-country Patterns of product market regulation
The general picture
-Regulatory profiles
Statistical Annex
-Country classification
-Weighting scheme for aggregate measures
-Annex Tables

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