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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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Korea

Korea has achieved one of the strongest recoveries among OECD countries, led by exports and expansionary fiscal policy. While the fiscal stimulus has been reversed, buoyant exports are projected to help boost output growth to 5¾ per cent in 2010, leading to a marked decline in unemployment.

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