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2011 OECD Economic Outlook, Volume 2011 Issue 2

image of OECD Economic Outlook, Volume 2011 Issue 2

The OECD Economic Outlook is the OECD’s twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.

Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, chapters summarising developments and providing projections for each individual country and an extensive statistical annex.

English German, French

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Netherlands

The economy contracted in the second half of 2011. Domestic demand weakened as financial turmoil made investors and consumers more cautious and damaged the solvency of pension funds. Growth is projected to gradually pick up again from mid-2012, underpinned by stronger world trade and supportive monetary policy. Unemployment could continue to rise until mid-2012 and currently high inflation pressures will ease.

English French, German

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