The OECD Economic Outlook is the OECD’s twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.
Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, chapters summarising developments and providing projections for each individual country, a chapter on medium and long-term scenarios for growth and imbalances, and a and a statistical annex.
- Publication Date :
- 19 June 2012
- DOI :
- DOI :
Show Abstract /
The economy is slowing markedly as exports weaken. Activity will be supported mainly by private consumption in 2012 on the back of firm wage growth and consumer confidence. The expected recovery in the global economy towards end-2012 should revive exports and investment, strengthening growth in 2013.