OECD Economic Outlook, Volume 2017 Issue 1
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OECD Economic Outlook, Volume 2017 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, a special chapter on how to make trade work for all and a chapter summarising developments and providing projections for each individual country. A statistical annex is available on the web.

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Author(s):
OECD

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Economic growth is projected to strengthen to around 2% in 2017 before easing slightly in 2018. Exports will continue to support growth, benefitting from the structural reforms of recent years. Nevertheless, domestic demand is not projected to rebound strongly given persistently high private sector indebtedness. Underlying inflation will pick up in 2018, owing to supply constraints, including a declining working-age population.

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