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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Spain
Output is projected to stabilise in 2010 and to edge up by 1% in 2011. The unemployment rate is projected to decline in 2011. Headline inflation will rise temporarily, reflecting higher oil prices and the increase in value added tax rates, but is set to fall to close to zero in 2011.
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