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2008 OECD Economic Outlook, Volume 2008 Issue 1

image of OECD Economic Outlook, Volume 2008 Issue 1
This June 2008 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. The special chapter examines the implications of supply-side uncertainties for economic policy.

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Mexico

After a slowdown in 2008, reflecting weaker external demand, growth is set to pick up to 3.3% in 2009. The approval of the fiscal reform should boost business confidence, underpinning stronger domestic and foreign investment, while the new infrastructure fund is expected to lift public investment. Inflation is projected to remain close to 4% until end-2008, easing back thereafter, and the current account deficit is expected to widen gradually.

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