Showing 1 - 10 of 47
During the projection period of 1999–2004, the Austrian GDP is expected to average a growth of 2.5 percent p.a. in real terms. It will thus grow at a marginally lower rate than the EU average, as measures expected to be taken to consolidate the Austrian budget will act as a slight brake....
Persistent link: https://www.econbiz.de/10005032734
Between 2008 and 2012, real GDP in Austria will grow at an annual average rate of 2.3 percent. From 2010 onwards, the Austrian economy is expected to benefit from tax cuts and an economic recovery in the euro area.
Persistent link: https://www.econbiz.de/10005059330
Real GDP in Austria will grow on average by 2.5 percent per year until 2011, which is a much faster pace than in the past six years when expansion was retarded by the sluggish European economy and slow domestic demand. Acceleration of medium-term growth will be somewhat faster in Austria than on...
Persistent link: https://www.econbiz.de/10005059374
Over the period from 2003 to 2008, real GDP in Austria is expected to grow by about 2.3 percent per year, slightly faster than in the euro area as a whole. Notably the tax reform, EU enlargement and investment in the knowledge base should secure a small growth advantage vis-à-vis the EU. The...
Persistent link: https://www.econbiz.de/10005032719
The global economic crisis will slow down Austria's economic growth over the medium term. Over the period from 2009 to 2013, real GDP is expected to grow on average by 1.3 percent p.a. The cyclical downturn will have a negative impact on the labour market and public finances, while keeping...
Persistent link: https://www.econbiz.de/10005032738
Economic growth in Austria is projected at an average 2.1 percent p.a. over the period from 2005 to 2010. The expected cyclical recovery in Europe and notably in Germany plays a major role in this context. Austrian economy will grow somewhat faster than the euro area, strongly benefiting from...
Persistent link: https://www.econbiz.de/10005032745
After the slump in economic growth between late 2012 and the middle of 2013, the Austrian economy is expected to follow a moderate upward trend, with GDP growth averaging 1.8 percent p.a. over the period 2014-2018. Private consumption in particular will remain subdued, as private households seem...
Persistent link: https://www.econbiz.de/10010754014
The global financial and economic crisis will have an adverse effect on Austria's growth in the medium-term. Between 2010 and 2014, gross domestic product will expand by an average of 1.8 percent per year. The recession has lasting effects on the labour market and public finances. The inflation...
Persistent link: https://www.econbiz.de/10008478710
The risk of a sustained acceleration of inflation due to the expansionary monetary and fiscal policies in the wake of the global recession seems low, if the central banks reduce the money supply rapidly enough as soon as the crisis abates and if governments present credible measures to...
Persistent link: https://www.econbiz.de/10008523800
This paper presents an evaluation of the forecasts of WIFO, the Institute for Advanced Studies (IHS) and the OECD for the Austrian economy for three key macro-economic variables for the period 1983-1999. As to the projections of growth and inflation in terms of accuracy no significant...
Persistent link: https://www.econbiz.de/10005059273