Introduction
I. Recent trends
-Demand developments
-Supply
-Employment
-Incomes and Prices
II. The balance of payments
-Current balance
-Capital Movements 
III. Economic policy
-General features of economic policy in the present phase of the cycle
-Fiscal policy
-Monetary policy
-Other economic policy measures
IV. Short-term prospects, problems and economic policy conclusions
-Short-term prospects
-Some medium-term issues
-Economic policy conclusions
Annexes
-Technical annex
-Statistical annex