Economic outlook for the Euro area 2003
This article reports the spring forecast of the economic development in the Eurozone, which was carried out within the European Forecasting Network. A modest rise in GDP growth from 1.2% in 2003 up to 2.1% in 2004 is expected. The current weakness in the growth experience is caused by structural factors to a large extent. In particular, labor markets are not flexible enough in most countries.
Year of publication: |
2003-06
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Authors: | Dreger, Christian ; Lindner, Axel ; Ludwig, Udo ; Weyerstraß, Klaus |
Published in: |
Wirtschaft im Wandel. - Institut für Wirtschaftsforschung Halle (IWH). - Vol. 9.2003, 7, p. 211-214
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Publisher: |
Institut für Wirtschaftsforschung Halle (IWH) |
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