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Global Economy is Slowing


  • Gerhard Rünstler



Global economic activity has been slowing in recent months. Economic growth in the USA and in Europe was subdued in the second quarter, and activity in Asia was also less buoyant. Against this background, concerns about the high levels of sovereign debt of some industrialised countries increased; this sparked financial market tensions.

Suggested Citation

  • Gerhard Rünstler, 2011. "Global Economy is Slowing," WIFO Monatsberichte (monthly reports), WIFO, vol. 84(9), pages 571-579, September.
  • Handle: RePEc:wfo:monber:y:2011:i:9:p:571-579

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    References listed on IDEAS

    1. Rodrik, Dani, 2005. "Growth Strategies," Handbook of Economic Growth,in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 14, pages 967-1014 Elsevier.
    2. Michael Peneder, 1999. "The Austrian Paradox: "Old" Structures but High Performance?," Austrian Economic Quarterly, WIFO, vol. 4(4), pages 239-247, October.
    3. Peter Huber & Klaus Nowotny & Julia Bock-Schappelwein, 2010. "Qualification Structure, Over- and Underqualification of the Foreign Born in Austria and the EU," FIW Research Reports series II-008, FIW.
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