OECD Economic Outlook, Volume 2012 Issue 1
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OECD Economic Outlook, Volume 2012 Issue 1

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.

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Chapter
 

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English
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Author(s):
OECD

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Following two years of deep recession, the economy returned to buoyant economic growth in 2011. The recovery, which is being led by private consumption and business investment, is projected to moderate, with growth easing to 2¾ per cent by 2013. Inflation should fall but remain above the authorities’ target in 2013.

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