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This chapter considers long-term prospects and risks for the world economy.
As governments and international organisations grapple with an increasingly turbulent economic climate and rising frustration and disquiet among citizens, they require fresh thinking and inspiring ideas. In developing strategies to restore long-term economic growth and employment, policy-makers must ensure that they respond to public demands for a fairer and more inclusive society. The challenge for this year's Forum is clear: how can
Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to regained momentum in the OECD area but with divergence between economies.
Since 1990, Belgium has managed to bring down greenhouse gas emissions in most domains of economic activity.
Consumer prices in the OECD area rose by 2.7% in the year to March 2012, compared with 2.8% in the year to February 2012.
Economic growth is projected to be strengthening from mid-2011 onwards, but will be insufficient to restore the sustainability of public finances.
Poland is on track to meet its international greenhouse gas emissions commitments. However, it will need to cut emissions significantly in the future, if the European Commission’s proposal on the Low Carbon Roadmap is adopted.
Three main approaches can be used to assess infrastructure performance. The first employs macro econometric techniques to estimate the impact of the existing infrastructure capital stock on growth and to infer its growth maximising level.
Since the transformation following the Communist era, Poland has matched improvements in health outcomes of the most developed OECD countries, although without catching up the ground lost during the 1970s and 1980s.
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Data Economic Survey of Korea 2012