The first decade of economic and monetary union in Europe (EMU) has been a huge success. EMU has significantly benefited its member countries and accelerated the European integration process. Imbalances within EMUdifferences in growth, inflation, competitiveness, current account and budget...

The first decade of economic and monetary union in Europe (EMU) has been a huge success. EMU has significantly benefited its member countries and accelerated the European integration process. Imbalances within EMU-differences in growth, inflation, competitiveness, current account and budget...

The first decade of economic and monetary union in Europe (EMU) has been a huge success. EMU brought significant benefits to its member countries and accelerated the European integration process. However, imbalances within EMU - in terms of differences in growth, inflation, competitiveness,...

This book combines currency matters with competitiveness considerations, with a view to raising the understanding of exchange rate dynamics and to analysing the role of exchange rates in reinforcing economic competitiveness.

There are large differences between Steindl's ideas on growth policies and the Brussels/Paris consensus. Steindl called for innovation and education policies, whereas the mainstream today rather favours deregulation and privatization. Steindl stressed the positive demand-side effects of the...

Die österreichische Wirtschaft wird heuer real um 1,7% wachsen. Impulse kommen insbesondere von der Ausfuhr. Die Industrie profitiert aufgrund ihrer engen Zulieferbeziehungen in erster Linie von der markanten Erholung der deutschen Exportwirtschaft. Die Investitionstätigkeit zeigt Tendenzen...

Real GDP is projected to advance at a modest 1.5 percent in the current year. In the last few months, uncertainty has mounted about the further trend notably in manufacturing. The outlook for GDP growth of 2¼ percent in 2005 is particularly vague given the recent mixed signals from leading...

Die Abschwächung der internationalen Konjunktur schlägt seit dem Frühjahr 2001 auch auf die österreichische Wirtschaft durch. Das Wachstum von Export, Sachgüterproduktion und Umsätzen im Großhandel hat sich markant verringert. Hingegen erweist sich die Inlandsnachfrage als robust. Zwar...

Die wichtigsten Konjunkturimpulse kommen weiterhin vom Warenexport, der mit zweistelligen Raten expandiert und eine erhebliche Produktionsausweitung in der Industrie ermöglicht. Alle Indikatoren deuten auf eine Fortsetzung des exportgetragenen Aufschwungs hin. Allmählich erholt sich auch die...