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



After a slowdown in the second half of 2012, activity is projected to gather pace gradually, driven by stronger world trade and, in turn, business investment. In contrast, private consumption will remain depressed as real incomes decline further in 2013, reflecting cuts in social spending and private pensions, higher VAT and a deepening of the housing market crisis. Only in 2014 will growth return to potential and unemployment stabilise.

English German, French



This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error