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

Cornel Albu and Alexandru Tănase

Conjunctura economiei mondiale / World Economic Studies, 2016, 4-6

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.

Keywords: International trade; economic growth; OECD; forecasts (search for similar items in EconPapers)
Date: 2016
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