OECD Economic Outlook, Volume 2009 Issue 1
This June 2009 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 2010. Its comprehensive statistical annex is a useful reference tool for international economic comparisons. This issue finds that a recovery is in sight but that damage from the crisis is likely to be long-lasting.
Italy
The recession is projected to continue into late 2009, with a slow pick-up in 2010. Falling export growth and deteriorating financial conditions have hit investment hard. After declining to quite low levels, investment should lead the recovery. Unemployment will rise significantly while inflation will decline slowly.
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