OECD Economic Outlook, Volume 2007 Issue 2
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OECD Economic Outlook, Volume 2007 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. This issue covers the outlook to end-2009. 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 Corporate saving and investment: Recent trends and prospects.
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Publication Date :
06 Dec 2007
DOI :
10.1787/eco_outlook-v2007-2-en
 
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Author(s):
OECD
Pages :
112–114
DOI :
10.1787/eco_outlook-v2007-2-14-en

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Real GDP growth has moderated from its recent robust pace and is likely to slow further toward the potential rate in the short term, though leaving the output gap at a positive level. Domestic demand continues to underpin the expansion, boosted by higher employment and real incomes. Inflation is projected to increase somewhat in response to rising cost pressures.
Also available in: French