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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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Slovak Republic

The high pace of growth in the Slovak Republic is mainly shaped by waves of foreign direct investments coming on stream. Activity will gradually decelerate from growth of over 10% in 2007 towards 6% in 2009, close to the economy’s estimated potential growth rate. Inflationary pressures will remain muted because of still very large labour reserves and rising labour force participation, as well as net immigration.

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