Euro Area Economy Drawing Lagged Benefits from Currency Depreciation and Buoyant Global Trade. Economic Outlook for 2010 and 2011
AbstractGlobal trade strengthened further in the early months of 2010. On the back of buoyant demand from Asia, a recovery in the USA and a lower euro exchange rate, euro area exports should advance at a healthy pace. With internal demand still sluggish, the cyclical upswing in the euro area will nevertheless remain muted for some time. Major risks derive from macro-economic imbalances and financial market volatility. For Austria, WIFO expects real GDP to grow by 1.2 percent in 2010 and 1.6 percent in 2011, mainly driven by exports and private consumption. Employment is projected to increase by 0.5 percent each year.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by WIFO in its journal Quarterly.
Volume (Year): 15 (2010)
Issue (Month): 3 (August)
Economic Outlook; Austria;
Other versions of this item:
- Gerhard Rünstler, 2010. "Euro Area Economy Drawing Lagged Benefits from Currency Depreciation and Buoyant Global Trade. Economic Outlook for 2010 and 2011," WIFO Monatsberichte (monthly reports), WIFO, vol. 83(7), pages 555-569, July.
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ilse Schulz).
If references are entirely missing, you can add them using this form.