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The economic evolution of the OECD countries in 2015 and its projections for 2016-2017

Author

Listed:
  • Cornel Albu
  • Alexandru Tănase

Abstract

According to the chief economist of OECD appraisals, Catherine L. Mann, exposed in the traditional Economic Report no. 99, the OECD area as a whole economic growth was up slightly in 2015, after slowing the pace in 2012-2014 amid to deflation establishment in most member countries and the slowdown of international trade. In 2016 the OECD experts predict a new economic downturn for all 35 member countries, while by 2017, according to recent forecasts, there will be a slight acceleration of economic growth compared to 2016 for the whole OECD, due to global economic growth and the increase of the volume of international trade.

Suggested Citation

  • Cornel Albu & Alexandru Tănase, 2016. "The economic evolution of the OECD countries in 2015 and its projections for 2016-2017," Conjunctura economiei mondiale / World Economic Studies, Institute for World Economy, Romanian Academy, pages 4-6.
    • Handle: RePEc:iem:conjun:y:2016:p:4-6
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