While the outlook for many OECD countries remains subdued, Emerging Asia is set for healthy growth over the medium term. Annual GDP growth for the ASEAN -10, China and India is forecast to average 6.5% over 2015-19. Growth momentum remains robust in the 10 ASEAN countries, with economic growth averaging 5.6% over 2015-19.
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India’s economic growth has slowed since 2010 in the aftermath of the global crisis, but growth is expected to pick up according to the May 2014 projections of the OECD Economic Outlook. The unemployment rate was 3.6% in 2012 in India, lower than in 2006 (4.4%) before the onset of the global financial crisis.
A moderate expansion is underway in most major advanced and emerging economies, but growth remains weak in the euro area, which runs the risk of prolonged stagnation if further steps are not taken to boost demand, according to the OECD’s latest Interim Economic Assessment.
This policy dialogue aims to deepen policy discussions between the OECD and key decision-makers in India. The first phase of the programme provides policy options on improving monitoring and prevention of abusive related party transactions.
This book presents the findings of an OECD policy dialogue with Indian stakeholders on policies to improve the monitoring and prevention of abusive related party transactions in India.
This edition of the Agricultural Outlook focuses on India, the world’s second most populous country with the largest number of farmers and also the largest number of food insecure people. The Outlook portrays a relatively optimistic scenario for India, which is projected to sustain production and consumption growth of food, led in particular by higher value added sectors.
The Agricultural Outlook 2014-2023 shows that there are good prospects in India for rapid agricultural development and that India’s trade surplus in agricultural commodities is expected to remain stable.
Air pollution is costing advanced economies plus China and India an estimated USD 3.5 trillion a year in premature deaths and ill health and the costs will rise without government action to limit vehicle emissions, a new OECD report says.
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A two-page OECD summary and analysis of the Services Trade Restrictiveness Index results for India.
The region has been one of the most dynamic and fastest-growing areas in the world. GDP is projected to grow by 5.4% per year on average during 2014-18, and significant gains have been made in terms of poverty eradication and human development. But more should be done to ensure sustained growth and continued convergence in living standards towards the mature economies, said OECD Secretary-General.