After a cyclical slowdown in 2012-13, GDP growth in the industrialised economies should pick up to reach an average annual rate of 2.0 percent over the period from 2012 to 2017. In the USA, the growth momentum will be stronger (2.4 percent p.a.) than in the EU (1.4 percent) or Japan (1.5...

Following a slowdown in economic activity in 2012, economic growth is expected to accelerate again in the industrialised countries, reaching an average annual rate of 2.0 percent between 2011 and 2016. In the USA, GDP will grow at a brisker pace (+2.1 percent) than in the EU 27 (+1.7 percent)...

Since the collapse of the Exchange Rate Mechanism of the European Monetary System in 1992-1993 the monetary setting for trade and investment has changed fundamentally. After six years of stable exchange rates the EU split into a hard-currency block under the "leadership" of the German Bundesbank...

Since the beginning of the 1990s, low real interest rates, an under-valued dollar, and a demand-oriented fiscal policy have together brought about an economic growth rate in the USA that has been high enough to lower both the country's level of unemployment and that of its budget deficit. In...

The medium-term growth rate of the world economy is set to rise markedly. Between 2003 and 2008 world GDP is expected to expand on average by 4.0 percent per year, and world trade to increase by 6.1 percent per year. The highest growth rate should be achieved by the non-oil developing countries...

At present it is not possible to gauge the extent of the financial and economic crisis in South-East Asia. The effect of this crisis on Austria will, however, remain marginal: there are few direct trade links between Austria and the countries in question (exports to these countries amount only...