OECD Economic Outlook, Volume 2006 Issue 2
Hide / Show Abstract

OECD Economic Outlook, Volume 2006 Issue 2

Twice a year, the OECD Economic Outlook analyses the major trends and examines the economic policies required to foster high and sustainable growth in member countries. Developments in major non-OECD economies are also evaluated. The present issue covers the outlook to end-2008. Together with a wide range of cross-country statistics, the Outlook provides a unique tool to keep abreast of world economic developments.

In addition to the themes featured regularly, this issue contains a special chapter entitled Has the rise in debt made households more vulnerable?, which addresses the following questions:

  • What factors explain the observed rise in household debt in many OECD countries?
  • Have asset price movements offset the impact on households’ financial positions?
  • Are some sectors or groups particularly vulnerable to adverse asset market or income developments?
Click to Access: 
Publication Date :
17 Jan 2007
DOI :
10.1787/eco_outlook-v2006-2-en
 
Chapter
 

France You do not have access to this content

Click to Access: 
Author(s):
OECD
Pages :
57–60
DOI :
10.1787/eco_outlook-v2006-2-8-en

Hide / Show Abstract

Economic activity picked up in the second quarter but stalled in the third. It is likely to recover and continue growing slightly faster than potential over the forecast period; the output gap should gradually shrink. Sustained by firmer activity, employment growth should gain strength, and the fall in unemployment should continue, albeit at a slower pace than in 2006. Wage growth is likely to accelerate slightly and inflation to increase, while remaining moderate.
Also available in: French