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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OECD

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Recovery began in the second half of 2009, underpinned by a rebound in exports. The pace of growth should pick up gradually through 2010 and 2011 as the forces constraining domestic demand recede. Although the unemployment rate has stabilised in recent months, further increases are likely later in 2010 as government short-time work measures are phased out. Inflation is likely to remain moderate owing to the large slack in the economy.
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