Introduction
I. Recent trends and short-term prospects
-A stagnating economy
-Little job creation 
-A stable price level
-A declining current external surplus
-The outlook to 1997
II. Economic policy
-Monetary policy
-Fiscal policy
III. Implementing the OECD Jobs Strategy
-Introduction
-Labour market and employment performance
-Policy requirements
-Recent policy actions
-Assessment and scope for further action
IV. New directions in environmental policy
-Introduction
-Breaking the link between the use of environmental resources and economic growth
-Some major challenges for environmental policy
-Integrating environmental considerations into government policy
-Transport
-Agriculture
-Energy
-Integrating economic considerations into the choice of policy instruments
-Costs of environmental protection and its effects on competitiveness
-Assessment
V. Conclusions
Notes
Bibliography
Annex
-Calendar of main economic events
Statistical annex and structural indicators