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Chapter 1

OECD economic outlook , Volume 2018 Issue 1 OECD 201811 Chapter 1 GENERAL ASSESSMENTOF THE MACROECONOMIC SITUATION1. GENERAL ASSESSMENT OF THE MACROECONOMIC SITUATIONOECD economic outlook , VOLUME 2018 ISSUE1 PRELIMINARY VERSION OECD 201812 IntroductionThe expansion is set to persist over the next two years, with global GDP projected to riseby close to 4% in 2018 and 2019. Growth in the OECD area is set to remain around 2 per centper annum, helped by fiscal easing in many economies, and will strengthen to close to 5%elsewhere (Table ).

1. general assessment of the macroeconomic situation oecd economic outlook,volume 2018 issue1–preliminary version © oecd 2018 1 %

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