Assessment and Recommendations
I. Recent Trends and Prospects
-Overview
-Continued but Slower Economic Expansion
-Improving Labour Market Conditions
-Subdued Inflation
-Broadly Stable External Deficit
-Favourable Short-Term Prospects
-The Medium-Term Outlook
II. Macroeconomic Policies
-Monetary Management
-The Fiscal Stance
-Assessment and Challenges
III. Progress in Structural Reform
-The OECD Jobs Strategy Follow-Up
-Recent Reform Initiatives
-Ongoing Issues
Annex I. Measuring Productivity
Annex II. Chronology of Economic Events
Statistical Annex and Structural Indicators