IDEAS home Printed from https://ideas.repec.org/a/wfo/wquart/y2013i1p15-24.html
   My bibliography  Save this article

Economic Growth to Remain Subdued Over the Years to Come. Medium-term Forecast for the Austrian Economy Until 2017

Author

Listed:
  • Serguei Kaniovski
  • Hans Pitlik
  • Stefan Schiman

Abstract

During the period of 2012-2017, the Austrian economy is projected to grow at an average annual of 1.7 percent. The average growh rate will thus be lower than in the decade preceding the recent financial and economic crises. The main causes of this sluggish pace of economic growth will lie in the persistent cyclical sluggishness in the euro area and the moderate growth of domestic private consumption. Exports are expected to gain 5.2 percent per year. The labour market will remain fragile, despite rising employment. The rate of headline inflation is projected at slightly above 2 percent.

Suggested Citation

  • Serguei Kaniovski & Hans Pitlik & Stefan Schiman, 2013. "Economic Growth to Remain Subdued Over the Years to Come. Medium-term Forecast for the Austrian Economy Until 2017," Austrian Economic Quarterly, WIFO, vol. 18(1), pages 15-24, April.
    • Handle: RePEc:wfo:wquart:y:2013:i:1:p:15-24
    as

    Download full text from publisher

    File URL: https://www.wifo.ac.at/wwa/pubid/46693
    File Function: abstract
    Download Restriction: Payment required
    ---><---

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

    Citations

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


    Cited by:

    1. Margit Schratzenstaller, 2015. "Short- and Medium-Term Prospects of Fiscal Policy. Draft Federal Budget 2014-15 and Federal Medium-Term Expenditure Framework 2015-2018," WIFO Bulletin, WIFO, vol. 20(3), pages 31-46, February.
    2. Stephan Schulmeister, 2013. "Growth Dynamics Exposed to Conflict Between Easy Monetary Conditions and Fiscal Restriction. Medium-term Forecast for the World Economy Until 2017," Austrian Economic Quarterly, WIFO, vol. 18(1), pages 25-40, April.

    More about this item

    Keywords

    Medium-term Forecast 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:2013:i:1:p:15-24. 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.