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2017 OECD Economic Outlook, Volume 2017 Issue 1

image of OECD Economic Outlook, Volume 2017 Issue 1

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, a special chapter on how to make trade work for all and a chapter summarising developments and providing projections for each individual country. A statistical annex is available on the web.

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Argentina

Economic growth is projected to rebound strongly in 2017 and 2018 as recent reforms gain traction and exports strengthen. Investment will pick up, supported by an improving business climate and infrastructure investment. Inflation remains high, but will decrease in line with the central bank’s target, as monetary policy remains restrictive and the effect of administrative price increases and the depreciation of the peso are wearing off. Stronger growth will gradually reduce unemployment.

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