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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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Iceland

Considerable progress has been made during the recession in reducing economic imbalances. This provides a strong foundation for the economic recovery, which is projected to get underway in the second half of 2010 despite major fiscal consolidation. The recovery is projected to be led by domestic demand, which should be boosted in 2011 by planned investment in large energy-related projects.

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