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This outlook analyses prospective economic developments in OECD countries over the next two years and provides recommendations on the economic policies needed to ensure sustained economic growth. Chapters include: I. General assessment of the macroeconomic situation; II. Developments in individual OECD countries; III. Developments in selected non-member economies; IV. The size and role of automatic fiscal stabilisers; V. Making work pay; VI. Public debt management at the cross-roads; and VII. Cross-country patterns of product market regulation. Statistical data is also included.