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2010 OECD Economic Outlook, Volume 2010 Issue 1

image of OECD Economic Outlook, Volume 2010 Issue 1

The OECD Economic Outlook analyses the current economic situation and examines the economic policies required to foster a sustained recovery in member countries. This issue covers the outlook to end-2011 for both OECD countries and selected non-OECD economies. 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 three special chapters. The first covers prospects for growth & imbalances beyond the short-term, the second covers return to work after the crisis, and the third examines counter cyclical economic policy.

 

English German, French

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France

The recovery is underway. Real GDP growth is projected to increase somewhat, averaging about 2% through both 2010 and 2011, led by business investment, exports and an end to destocking. The unemployment rate should peak soon before declining slowly in 2011, while price pressures will remain subdued with underlying inflation around 1% per year.

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