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2012 OECD Economic Outlook, Volume 2012 Issue 1

image of 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.

English Also available in: French, German

Turkey

Economic activity decelerated markedly in the second half of 2011 following policy measures to curb domestic demand and a weakening of external demand. Growth is projected to recover gradually in 2012 as confidence and international conditions improve, reaching 3¼ per cent in 2012 and 4½ per cent in 2013.

English Also available in: French, German

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