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Economy: UK recovery slow, but fiscal consolidation must continue

16-Mar-2011

Economic growth will be subdued this year and next in the United Kingdom, but the government must continue fiscal consolidation to ensure sustainability, says the OECD’s new UK Economic Survey. Public investment would aid recovery and job creation, and could be financed through VAT reform.

Launch of the OECD’s Economic Survey of the United Kingdom

16-Mar-2011

Angel Gurría, OECD Secretary-General

Economic growth will be subdued this year and next in the United Kingdom, but the government must continue its difficult fiscal consolidation and structural reform programmes to return the economy to a sustainable path, according to the OECD Secretary-General presenting this report in London.

FDI from OECD countries jumps 50% in 2007 but set to fall in 2008

24-Jun-2008

Foreign direct investment (FDI) outflows from OECD countries in 2007 leapt to a record USD 1.82 trillion from USD 1.2 trillion in 2006 but are projected to fall sharply in 2008, according to estimates from the OECD.

Economic Survey of Australia 2010

Economic Survey of Australia 2010