OECD Economic Outlook, Volume 2008 Issue 1
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OECD Economic Outlook, Volume 2008 Issue 1

This June 2008 issue of OECD's twice-yearly OECD Economic Outlook provides analysis of recent economic developments and economic projections for OECD and major non-OECD countries through the end of 2008. Its comprehensive statistical annex is a useful reference tool for international economic comparisons. The special chapter examines the implications of supply-side uncertainties for economic policy.
Date de publication :
04 juin 2008
DOI :
10.1787/eco_outlook-v2008-1-en
 
Chapitre
 

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Anglais
Auteur(s):
OCDE
Pages :
174–176
DOI :
10.1787/eco_outlook-v2008-1-29-en

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The expansion, which has been increasingly underpinned by domestic demand, continued in 2007. Growth is expected to slow somewhat in 2008 and 2009 owing to a weaker world economy and tighter credit market conditions. Accordingly, the unemployment rate is likely to remain at its current high level. A sizeable negative output gap is expected to contain underlying inflation pressures despite higher food and energy prices.
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