2007 OECD Economic Outlook, Volume 2007 Issue 2

image of OECD Economic Outlook, Volume 2007 Issue 2
Twice a year, the OECD Economic Outlook analyses the major trends and examines the economic policies required to foster high and sustainable growth in member countries. Developments in major non-OECD economies are also evaluated. This issue covers the outlook to end-2009. Together with a wide range of cross-country statistics, the Outlook provides a unique tool to keep abreast of world economic developments. In addition to the themes featured regularly, this issue contains a special chapter entitled Corporate saving and investment: Recent trends and prospects.

English Also available in: German, French


Activity was strong in the first half of 2007, but the slump in house-building will slow growth substantially. GNP is expected to increase by 3% in 2008, which is considerably below the growth rate of potential output, but to recover to grow at 4½ per cent in 2009 as housing construction levels out at a sustainable level. Inflationary pressures will ease and unemployment is likely to increase.

English Also available in: French

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error