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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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Slovak Republic

An export-led recovery is pulling the economy out of the recession, but weakness in private consumption is a drag on growth. Nevertheless, GDP is expected to grow by over 3½ per cent in 2010 and close to 4% in 2011. Unemployment is envisaged to peak in 2010 at around 14% before falling somewhat in 2011.

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