Summary of OECD Economic Outlook
This abstract builds on ‘OECD (2014), OECD Economic Outlook, Vol. 2014/1, OECD Publishing.
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The 2008 financial crisis forever changed the trajectory of economic expansion, both globally and among individual nations. Since then, a nascent recovery has brought growth back in some parts of the world, while progress has eluded others. In the future, countries will need to take prudent economic steps and make necessary reforms to remain competitive. This twice-yearly overview of global economic trends and statistics is a useful guide to world economies, although its organization and readability could use some improvement. getAbstract recommends it to economists, journalists, academics and others interested in indicative economic statistics and trends, both globally and within specific countries.
In this summary, you will learn
- How global and individual national economies are progressing;
- How GDP, savings, interest rates and other economic measures reflect current trends; and
- Why countries should encourage growth and financial stability.
About the Author
The Organisation for Economic Co-operation and Development is an international forum of 34 nations that promotes global economic advancement and trade.