OECD Economic Outlook, Volume 2011 Issue 1
![image of OECD Economic Outlook, Volume 2011 Issue 1 image of OECD Economic Outlook, Volume 2011 Issue 1](https://assets.oecdcode.org/covers/100/g2g11686.jpg)
The OECD Economic Outlook is the OECD’s twice-yearly analysis of the major economic trends and prospects for the next two years. Prepared by the OECD Economics Department, the Outlook puts forward a consistent set of projections for output, employment, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments.
Coverage is provided for all OECD member countries as well as for selected non-member countries. Each issue includes a general assessment, chapters summarising developments and providing projections for each individual country, three to five chapters on topics of current interest, and an extensive statistical annex. Subscribers to the print edition also have access to an online edition, published on the internet six to eight weeks prior to the release of the print edition. In addition to the usual macroeconomic and country assessments and statistical annex with projection data, this issue of the OECD Economic Outlook also includes special chapters on the persistence of high unemployment and drivers and vulnerabilities associated with international capital flows.
- Click to access:
-
Click to download PDF - 9.16MBPDF
Euro area
The recovery in domestic demand is gaining momentum and exports continue to support growth. Confidence is strengthening and financial conditions have improved. The pace of recovery is likely to be dampened by required fiscal consolidation, on-going private sector balance sheet adjustment and higher energy prices. Headline inflation has risen sharply due to energy price increases and higher indirect taxes, but underlying price pressures remain weak, reflecting high unemployment and significant spare capacity. The sovereign debt crisis and persisting imbalances within the euro area are a major risk to the outlook.
- Click to access:
-
Click to download PDF - 326.32KBPDF