OECD Economic Outlook, Volume 2010 Issue 1
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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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Author(s):
OECD

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The economy left a long and deep recession at the end of 2009 on the back of the recovery of external demand. After shrinking 14% in 2009, GDP will accelerate throughout 2010 and 2011, with growth rates picking up to more than 4% in 2011. Although unemployment will remain high at least until 2011, inflation has come back much earlier than expected.
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