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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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Switzerland

Economic growth is expected to decelerate somewhat, to about 2% in 2007 and 2008. Expansion at this pace will allow employment to continue growing, roughly in line with rising labour supply, and wage growth should remain moderate. Inflation is projected to stay low throughout the projection period, though pushing up somewhat in 2008.

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