The global economic recovery continues, although the pace of growth has recently moderated in Asia and the USA. Austria's export sector and industry are benefiting to a particular extent from the strong performance in Germany. While construction and tourism are only slowly finding a way out of...

The recovery of the global economy continues, but its momentum has eased somewhat recently. The economy in the EU also expanded further, but with substantial differences across countries. Austria's export sector and industry benefited from the strong performance in Germany. WIFO's most recent...

Economic activity in Austria remains subdued. The export-driven manufacturing sector suffers from persistently weak demand in the euro area. Trade and tourism have lately registered a decline in sales. Leading indicators point to a tentative improvement in Austria. In the EU, too, economic...

Recent institutional changes in the European Union have strengthened the original Stability and Growth Pact by negotiating the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union ("fiscal compact"). The cyclically-adjusted budget balance is the main quantitative...

The Austrian economy also remains tepid in a context of weak economic activity in Europe. The export-driven manufacturing sector is recovering only slowly; the production index has stabilised in recent months, although it suffered a renewed decline in May. The latest leading indicators show only...

In this paper we present a new long-term database on monthly export and import series for 23 economies during 1921-2010 and its first empirical application. Using these data, we analyse the synchronised decline in foreign trade during the recession 2008-09 in a historical perspective. We...

Leading indicators point to a slowdown in the pace of the economic downturn in Austria and the EU overall. Uncertainty among businesses and private households is gradually diminishing. In Austria, economic activity remained subdued at the end of 2012. While industry and trade activity were...

In 2012, the Austrian economy grew by 0.8 percent in real terms. Against a background of global decline, growth in Austria similarly flagged towards the year's end. World trade growth slowed down substantially in 2012. What growth there was mainly occurred in the exports and imports of threshold...

Global economic activity remains weak, although leading indicators suggest that it is slowly recovering. Confidence among businesses and private households is growing also in Austria, according to WIFO's most recent business cycle survey. At the end of last year, economic momentum still remained...