Wednesday, May 26, 2010

[IWS] OECD ECONOMIC OUTLOOK No. 87, May 2010 [26 May 2010]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor----------------------
Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________

 

Organisation for Economic Co-operation and Development(OECD)

 

OECD Economic Outlook No. 87, May 2010 [26 May 2010]

http://www.oecd.org/document/18/0,3343,en_2649_34109_20347538_1_1_1_37443,00.html

 

COUNTRY SUMMARIES

http://www.oecd.org/document/52/0,3343,en_2649_34109_19726196_1_1_1_1,00.html

 

Press Release 26 May 2010

Growth rising faster than expected but risks increasing too, says OECD Economic Outlook

http://www.oecd.org/document/9/0,3343,en_2649_201185_45303817_1_1_1_1,00.html

 

26/05/2010 - Economic activity in OECD countries is picking up faster than expected but volatile sovereign debt markets and overheating in emerging-market economies are presenting increasing risks to the recovery, according to the OECD’s latest Economic Outlook.

 

Gross domestic product (GDP) across OECD countries is projected to rise by 2.7% this year and by 2.8% in 2011. These are upward revisions from the previous, November 2009, forecasts of OECD-wide GDP growth of 1.9% in 2010 and 2.5% in 2011.

 

In the US, activity is projected to rise by 3.2% this year and by a further 3.2% in 2011. Euro area growth is forecast at 1.2% this year and 1.8% next while, in Japan, GDP is expected to expand by 3.0% in 2010 and by 2.0% in 2011.

 

AND MUCH MORE....

 



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****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
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