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In 2011, the world economy grew rapidly once again (by almost 4 percent). The recovery after the severe economic crisis of 2008 and 2009 thus continued. However, in many countries the economy still failed to return to its pre-crisis output level. As a consequence, the stance of monetary and...
Persistent link: https://www.econbiz.de/10010663868
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...
Persistent link: https://www.econbiz.de/10010663901
The sharp fall in economic activity in 2009 gave way to a rebound in 2010. Global output, after receding by 0.6 percent, increased by about 5 percent. GDP in the USA rose by 2.9 percent, the first gain of more than 2 percent since 2006. Japan also enjoyed the strongest growth in many years (+3.9...
Persistent link: https://www.econbiz.de/10009140833