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OECD Economic Outlook
Report

OECD Economic Outlook

May 2014

OECD, 2014 more...

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Editorial Rating

7

Qualities

  • Comprehensive
  • Scientific
  • Overview

Recommendation

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.

Take-Aways

  • The nascent global recovery is likely to continue, but on an uneven path.
  • The US economic recovery heralds a slow retreat from monetary stimulus policies.
  • Japan and Europe, which lag behind, will need to keep such measures in place longer.

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.