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Slowdown in Economic Growth. Economic Outlook for 1999 and 2000

Author

Listed:
  • Ewald Walterskirchen

    (WIFO)

Abstract

After the prosperous year of 1998, which saw a growth rate of 3.3 percent, economic expansion in Austria will slow down to 2.4 percent as a result of adverse international conditions. Consumer spending will remain the backbone of the economy. The advance in economic activity is unlikely to be strong enough to significantly lower the unemployment rate.

Suggested Citation

  • Ewald Walterskirchen, 1999. "Slowdown in Economic Growth. Economic Outlook for 1999 and 2000," WIFO Monatsberichte (monthly reports), WIFO, vol. 72(1), pages 13-14, January.
    • Handle: RePEc:wfo:monber:y:1999:i:1:p:13-14
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