A stronger international competitive position and brisk domestic demand will have a positive impact on the Austrian economy in the next years. Assuming that the international financial crisis will be temporary in its detrimental effect and that the public budget consolidation policy will...

Liberalization of East-West trade since the breakdown of communism in 1989 has seen Austria as a net gainer. Its net exports with the East increased considerably, resulting in a trade surplus of ATS 16.5 billion in 1994, after years of balanced trade before 1989. Although in some sectors the...

The European Economic Area (EEA) constitutes an intermediate step on the road towards European integration. While the EEA should transfer a number of the benefits of the EC internal market to the EFTA countries, only EC membership guarantees full integration into the EC on an equal level....

In 1991, the deficit in the foreign trade balance cumulated to AS 114.3 billion, 23.2 billion more than in 1990. In view of the strong growth of economic activity recorded this development is, by itself, not a matter of concern. The ratio of the trade deficit to GDP rose by 0.9 percentage points...

Favoured by Germany's economic unification and the creation of the internal market in the EC, economic activity in Austria is likely to grow at an annual rate of 3.2 percent from 1991 to 1995, with the current account more or less balanced. Substantial immigration into Austria will boost the...

In January 1995 the Austrian Institute of Economic Research carried out a preliminary assessment of the consolidation measures as provided in the Working Agreement between the two coalition parties ("austerity package"). In the meantime, several items contained in this package have been changed,...

Durch Simulationen mit dem Makromodell und dem Input-Output-Modell des WIFO wurden die Effekte eines EU-Beitritts für die Gesamtwirtschaft und für einzelne Sektoren ermittelt. Demnach wäre das reale Brutto-Inlandsprodukt bei einem EU-Beitritt im Jahr 2000 um 3% höher als bei einem Verbleib...