IDEAS home Printed from https://ideas.repec.org/a/wfo/monber/y2001i4p213-214.html
   My bibliography  Save this article

Marked Deceleration of Growth Due to Weaker External Environment. Economic Outlook for 2001 and 2002

Author

Listed:
  • Markus Marterbauer

    (WIFO)

Abstract

Economic growth in Austria is set to slow from 3.2 percent last year to 2.2 percent in 2001, possibly keeping that pace in 2002. The deceleration is caused mainly by less favourable developments in the world economy, and in particular the significant downturn in the USA. A restrictive stance in Austrian budgetary policy will make for domestic growth lagging behind that of the euro area as a whole. Weaker cyclical activity will also make it more difficult to achieve budget balance in the general government accounts by 2002. Unemployment will edge down further in the current year, before stabilising at a rate of 3½ percent of the labour force.

Suggested Citation

  • Markus Marterbauer, 2001. "Marked Deceleration of Growth Due to Weaker External Environment. Economic Outlook for 2001 and 2002," WIFO Monatsberichte (monthly reports), WIFO, vol. 74(4), pages 213-214, April.
    • Handle: RePEc:wfo:monber:y:2001:i:4:p:213-214
    as

    Download full text from publisher

    File URL: https://www.wifo.ac.at/wwa/pubid/19821
    File Function: abstract
    Download Restriction: Payment required
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wfo:monber:y:2001:i:4:p:213-214. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Florian Mayr (email available below). General contact details of provider: https://edirc.repec.org/data/wifooat.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.