IDEAS home Printed from https://ideas.repec.org/a/wfo/wquart/y2009i2p81-90.html
   My bibliography  Save this article

Global Economic Crisis Striking Severely Also in Austria. Economic Outlook for 2009 and 2010

Author

Listed:
  • Marcus Scheiblecker

    (WIFO)

Abstract

The global economic crisis leaves deep traces in the EU countries. In Austria, too, GDP will suffer a marked decline by 2.2 percent this year. While exports and investment are falling steeply, consumption will maintain a moderate upward path due to the counter-cyclical policy action taken. The labour market will suffer job losses and a strong increase in unemployment. As a result of the worldwide economic stimulus measures, Austrian GDP should pick up by a modest 0.5 percent in 2010.

Suggested Citation

  • Marcus Scheiblecker, 2009. "Global Economic Crisis Striking Severely Also in Austria. Economic Outlook for 2009 and 2010," Austrian Economic Quarterly, WIFO, vol. 14(2), pages 81-90, April.
  • Handle: RePEc:wfo:wquart:y:2009:i:2:p:81-90
    as

    Download full text from publisher

    File URL: http://www.wifo.ac.at/wwa/pubid/35604
    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:

    More about this item

    Keywords

    Economic Outlook; Austria;

    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:wquart:y:2009:i:2:p:81-90. 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.