OECD: The growth of developed countries to slow down

By: trademagazin Date: 2010. 11. 19. 15:59

In the OECD, containing 33 developed countries, GDP growth forecast for next year modified to 2.3 percent from the former 2.8. The organization's experts expect a 2.5 percent growth for Hungary, next year.

OECD explains the restraint of the developed economies, with the persistently high unemployment rates with large state debts, with budget deficits and with constraints. The 1,000 billions, that went for the stimulation of the economies have gone, now the main aim is state saving, which has no increase-stimulating effect – reports Népszabadság Online.

Related news