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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.

English French, German

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France

The economy ended 2006 somewhat more strongly, after stalling in the third quarter. Growth is projected to remain above the OECD’s estimate of its potential rate, despite slowing slightly in 2008. Steady employment increases should be maintained and unemployment may continue to fall. The budget deficit fell by more than expected in 2006 and will probably decline further.

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