OECD Economic Outlook, Volume 2010 Issue 1
The OECD Economic Outlook analyses the current economic situation and examines the economic policies required to foster a sustained recovery in member countries. This issue covers the outlook to end-2011 for both OECD countries and selected non-OECD economies. 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 three special chapters. The first covers prospects for growth & imbalances beyond the short-term, the second covers return to work after the crisis, and the third examines counter cyclical economic policy.
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Counter-Cyclical Economic Policy
The recent economic crisis has stretched policy frameworks in many OECD countries to breaking point. As economies begin to recover lessons are being drawn on how policies can better prevent the development of new large imbalances and asset price misalignments that were at the origin of the crisis. In addition, policies will have to be set so as to enhance the ability of economies to withstand large adverse shocks.
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