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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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South Africa

Growth has resumed, and will receive a temporary boost from the World Cup in mid-2010. The projected growth rate of 5% in 2011 will be above potential, but a negative output gap will remain. The current account deficit is likely to widen, as imports will grow faster than exports, but not to pre-crisis levels.

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