This issue of OECD's twice-yearly OECD Economic Outlook provides analysis of recent economic developments and economic projections for OECD and major non-OECD countries through the end of 2008. Its comprehensive statistical annex is a useful reference tool for international economic comparisons. Two special reports are included: one covers the effects of globalisation and how to maximise its benefits and minimise its adjustment costs. The second covers fiscal consolidation.Click to Access:
- 28 June 2007
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Despite the ending of the house price boom and the recent slowdown in consumer spending, GDP is growing faster than its potential rate, driven by export and investment demand. Capacity constraints and labour shortages are becoming ever more pronounced, accentuating the risk of overheating.
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