IDEAS home Printed from https://ideas.repec.org/a/wfo/monber/y2010i4p287-301.html
   My bibliography  Save this article

Sluggish Cyclical Recovery. Economic Outlook for 2010 and 2011

Author

Listed:
  • Markus Marterbauer

    (WIFO)

Abstract

As from mid-2009, economic activity in Austria stabilised, supported by exports and manufacturing output. Yet, the tentative rebound has not gained momentum, notably because the turnaround has so far not extended to private investment. Real GDP is therefore expected to grow by no more than 1.3 percent in the current year. In 2011, fiscal consolidation is to set in, whose impact on aggregate demand is as yet largely unknown. WIFO expects for 2011 real GDP growth of 1.4 percent, unemployment rising to 7.7 percent of the dependent labour force, an inflation rate of 1.8 percent and a general government deficit of 4 percent of GDP.

Suggested Citation

  • Markus Marterbauer, 2010. "Sluggish Cyclical Recovery. Economic Outlook for 2010 and 2011," WIFO Monatsberichte (monthly reports), WIFO, vol. 83(4), pages 287-301, April.
  • Handle: RePEc:wfo:monber:y:2010:i:4:p:287-301
    as

    Download full text from publisher

    File URL: http://www.wifo.ac.at/wwa/pubid/39161
    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:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Michael Böheim & Heinz Handler & Margit Schratzenstaller, 2010. "Options for Revenue-based Fiscal Consolidation," Austrian Economic Quarterly, WIFO, vol. 15(2), pages 231-244, July.

    More about this item

    Keywords

    Konjunkturprognose Österreich;

    Statistics

    Access and download statistics

    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:2010:i:4:p:287-301. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ilse Schulz). General contact details of provider: http://edirc.repec.org/data/wifooat.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.