OECD Economic Outlook No. 84, November 2008

OECD Economic Outlook No. 84, November 2008
Many OECD economies are in or are on the verge of a protracted recession of a magnitude not experienced since the early 1980s. As a result, the number of unemployed in the OECD area could rise by 8 million over the next two years. At the same time, inflation will abate in all OECD countries and some even face a risk, albeit small, of deflation.

Twice a year, the OECD Economic Outlook analyses the major trends and examines the economic policies required to foster high and sustainable growth in member countries. Developments in major non OECD economies are also evaluated. The present issue covers the outlook to end-2010. 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 a special chapter entitled Reponses to inflation shocks: Do G7 countries behave differently?

OECD Economic Outlook No. 84, November 2008 (DownloadPDF)