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 strengthening of the US economy should make up for headwinds from the euro area and moderating domestic demand in Mexico. Combined with an ongoing expansion of export market shares and gradually improving domestic conditions, this would contribute to sustain GDP growth just over 3½ per cent in 2012, and close to 4% in 2013. Uncertainties in the outlook are primarily related to the evolution of the US economic recovery.