OECD Economic Outlook: June No. 77 - Volume 2005 Issue 1 (Complete Edition - ISBN 9264011269)

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In this Subject: Economics

Source: OECD Economic Outlook, Volume 2005, Number 1, September 2005 , pp. i-224(225)

Publisher: OECD - Organisation for Economic Co-operation and Development

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Abstract:

Presents OECD's assessment of the economic outlook to the end of 2006 for the OECD area and China, Brazil, and the Russian Federation. It finds that Japan and the US have rebounded but that Europe is lacking in sustained momentum, and it carefully examines why. This issue of the OECD Economic Outlook also includes several medium-term scenarios projecting to 2010. The special chapter covers measuring and assessing underlying inflation.

Editorial: Losing balance and momentumI. General assessment of the macroeconomic situation Overview Absorbing the shocks Maintaining or regaining momentum Enduring risks and tensions Macro policies: reverting to neutrality and restoring sustainability Appendix I.1: The medium-term reference scenario Appendix I.2: Dollar hard landing scenarios: calibration and simulation II. Developments in individual OECD countriesIII. Developments in selected non-member economies China Brazil The Russian Federation IV. Measuring and assessing underlying inflation Introduction Typology of core inflation measures Assessing the potential usefulness of various indicators Some implications for current inflation pressures Statistical Annex Country classification Weighting scheme for aggregate measures Irrevocable euro conversion rates National accounts reporting systems, base-years and latest data updates Annex Tables

Document Type: Review article

Publication date: 2005-09-01