OECD hikes growth forecasts
The Organisation for Economic Co-operation and Development (OECD) more than doubled its forecast for growth in its 30 member states, saying on Thursday that it now expected growth in its members to reach 1.9% next year and 2.5% by 2011. In its June forecasts, the OECD said it was expecting to see growth of about 0.7% in its member countries next year.
The strong recovery in non-member countries such as China was dragging the "more feeble" upturn in its members, said Jǿrgen Elmeskov, the OECD's
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