Economic Outlook (OECD publication)
   HOME

TheInfoList



Click Here for Items Related To - Economic Outlook (OECD publication)
OR:
Economic Outlook (OECD publication) on:   [Wikipedia]   [Google]   [Amazon]

Economic Outlook is a twice-yearly analysis (available for online viewing, download, and in print) published by the
Organisation for Economic Co-operation and Development The Organisation for Economic Co-operation and Development (OECD; , OCDE) is an international organization, intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and international trade, wor ...
(OECD) with economic analysis and forecasts for future economic performance of OECD countries. The main version is in English, and it is also published in French and German. The OECD also publishes Monthly Economic Indicators (updated every month) to complement the twice-yearly Economic Outlook.


Reception


Academic research

Academics have looked at the projections and forecasting record of the OECD as well as the
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...
, in some cases comparing these to consensus forecasts such as those published by Consensus Economics. A 2000 paper by Jordi Pons of the University of Barcelona,
Spain Spain, or the Kingdom of Spain, is a country in Southern Europe, Southern and Western Europe with territories in North Africa. Featuring the Punta de Tarifa, southernmost point of continental Europe, it is the largest country in Southern Eur ...
examined the accuracy and bias of the OECD Economic Outlook forecasts as well as the
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...
(IMF) World Economic Outlook forecasts. A 2001 paper by Roy Batchelor of City University Business School,
London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...
compared the Consensus Forecasts with forecasts made by the
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...
(IMF) and the OECD. The study found: "With few exceptions, the private sector forecasts are less biased and more accurate in terms of mean absolute error and root mean square error. Formal tests show these differences are statistically significant for forecasts of real growth and production, less so for forecasts of inflation and unemployment. Overall, there appears little information in the OECD and IMF forecasts that could be used to reduce significantly the error in the private sector forecasts."


See also

*
OECD Main Economic Indicators OECD Main Economic Indicators, often simply called Main Economic Indicators and abbreviated MEI, is a monthly publication by the Organisation for Economic Co-operation and Development (OECD) of economic indicators worldwide (with a focus on OECD cou ...
, a related monthly publication by the OECD * Economic forecasting * World Economic Outlook, a similar publication by the
International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...
* ECB Survey of Professional Forecasters, a quarterly publication by the
European Central Bank The European Central Bank (ECB) is the central component of the Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#International ...
based on a survey of economists about the economy of Europe. * Survey of Professional Forecasters, a quarterly publication by the Federal Reserve Bank of Philadelphia based on a survey of economists about the
economy of the United States The United States has a highly developed mixed economy. It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). As of 2025, it has the world's seventh highest nominal GDP per capita and ninth ...
. *
Blue Chip Economic Indicators Blue Chip Economic Indicators is a monthly survey and associated publication by Wolters Kluwer collecting macroeconomic forecasts related to the economy of the United States. The survey polls America's top business economists, collecting their fo ...
, a monthly publication by
Aspen Publishers Wolters Kluwer N.V. is a Dutch information services company. The company serves legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare markets. Wolters Kluwer in its current form was founded in 1987 with a merger bet ...
based on a survey of economists about the
economy of the United States The United States has a highly developed mixed economy. It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). As of 2025, it has the world's seventh highest nominal GDP per capita and ninth ...
. * Consensus Economics, publisher of Consensus Forecasts, a monthly publication with macroeconomic forecasts of 85 countries based on a poll of 700 economists.


References


External links

* (main OECD website) * {{official website, http://www.oecd-ilibrary.org/economics/oecd-economic-outlook_16097408 (OECD iLibrary) Economic forecasting OECD