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.
Publication Date :
06 Dec 2007
DOI :
10.1787/eco_outlook-v2007-2-en
 
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Authors:
OECD
Pages :
91–95
DOI :
10.1787/eco_outlook-v2007-2-9-en

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GDP slowed in the first half of 2007, as export growth weakened, rebounded in the third quarter but may weaken again in the fourth. Growth over the course of 2008-09 is projected at near its potential rate of just under 1½ per cent. Unemployment, which continued to fall through the first half of 2007, should decline further but at a slower rate. The recent pick-up in price inflation may persist into 2008 and 2009.
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