While the economy has indeed stabilised after its deep slump from mid-2008 to mid-2009, the recovery has not yet gained traction. In the first quarter of 2010, Austria's economy stagnated compared with both the fourth quarter of 2009 (–0.1 percent) and the previous year (+0.2 percent)....

The economic recovery in Austria, driven by exports and manufacturing activity, continued in the autumn; in the third quarter, real GDP rose by 0.9 percent compared with the previous quarter, and by 2.4 percent compared with a year before. However, a self-sustaining pick-up in investment has not...

Since autumn 2009, the world economy has been recovering from the deep recession thanks to the strong stimulus of expansionary fiscal and monetary policies. This year it will grow by 4 percent in real terms (2009: 1 percent). However, the pace of the recovery differs substantially between...

The upturn in the export and manufacturing sectors is driving the economic recovery in Austria. In the fourth quarter of 2010, real GDP expanded by 0.8 percent compared with the previous quarter and by 2.7 percent compared with a year before. Investment activity is beginning to pick up, however,...

World trade expanded strongly in late 2010 and early 2011. The upswing in the world economy is thus continuing. It is driven, above all, by buoyant economic activity in the Asian emerging economies, where exports, investment, and consumer demand are growing vigorously. Economic activity in the...

Social policy measures and the social security systems in the EU stabilised GDP and employment noticeably during the recent financial and economic crisis. In terms of their size automatic stabilisers were particularly important. Discretionary social policy measures aiming at the stabilisation of...