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2012 OECD Economic Outlook, Volume 2012 Issue 2

image of OECD Economic Outlook, Volume 2012 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 French, German

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Belgium

The economy is recovering slowly from a broad-based contraction in spring 2012, which reflected weak domestic demand, fiscal consolidation and slowing exports. A gradual pick-up is projected as world trade gathers pace and the dissipation of the euro area crisis strengthens confidence. The unemployment rate will rise through 2013, but stabilise in 2014.

English French, German

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