OECD Economic Outlook, Volume 2010 Issue 1
The OECD Economic Outlook analyses the current economic situation and examines the economic policies required to foster a sustained recovery in member countries. This issue covers the outlook to end-2011 for both OECD countries and selected non-OECD economies. Together with a wide range of cross-country statistics, the Outlook provides a unique tool to keep abreast of world economic developments.
In addition to the themes featured regularly, this issue contains three special chapters. The first covers prospects for growth & imbalances beyond the short-term, the second covers return to work after the crisis, and the third examines counter cyclical economic policy.
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Brazil
The Brazilian economy has been expanding at a brisk pace since mid-2009 on the back of booming domestic demand boosted by massive policy stimulus. As a result imports have surged. Domestic demand could slow somewhat in coming quarters given a tighter monetary stance. Subsequently, infrastructure investment will help lift growth anew. Inflation is projected to exceed the mid-point of the inflation target range this year and next.
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