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2019 OECD Economic Outlook, Volume 2019 Issue 1

image of OECD Economic Outlook, Volume 2019 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 the effects of digitalisation on productivity and a chapter summarising developments and providing projections for each individual country.

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Digitalisation and productivity: A story of complementarities

Digital technologies are transforming our lives and our economies. They change the way firms produce goods and services, innovate, and interact with other firms, workers, consumers and governments. These technologies seem to offer a vast potential to enhance firm productivity and ultimately living standards. For example, cloud computing gives firms access to flexible data storage and processing capacities, online platforms can make their interactions with consumers more fluid, and artificial intelligence enables them to automate increasingly complex tasks (OECD, 2019a).

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