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2006 OECD Economic Outlook, Volume 2006 Issue 1

image of OECD Economic Outlook, Volume 2006 Issue 1
OECD's twice-yearly assessment of the major economic trends and policies in member countries and selected non-members. This issue covers the outlook to the end of 2007.  Together with a wide range of cross-country statistics, the Outlook provides a unique tool to keep abreast of world economic developments. This issue also contains a special chapter on Future Budget Pressures Arising from Spending on Health and Long-Term Care.

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What is the Economic Outlook for OECD Countries?

An Interim Assessment

Some gradual rebalancing of economic growth is expected between the US and Europe in the second half of 2006, according to the OECD’s interim assessment. Chief Economist Jean-Philippe Cotis said that after the catch-up in activity earlier in the year growth is likely to slow in Europe while expansion in Japan and the US regains momentum.

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