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2007 OECD Economic Outlook, Volume 2007 Issue 1

image of OECD Economic Outlook, Volume 2007 Issue 1
This 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. Two special reports are included: one covers the effects of globalisation and how to maximise its benefits and minimise its adjustment costs. The second covers fiscal consolidation.

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Austria

After accelerating to almost 3½ per cent in 2006, GDP growth is expected to decelerate over the next two years, with a slowdown in net exports and investment. Inflation may move close to 2% towards the end of the projection period as output approaches its full capacity level.

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