Economic Recovery Surrounded by Risks. Economic Outlook for 2002 and 2003

Ewald Walterskirchen
Additional contact information
Ewald Walterskirchen: WIFO

Austrian Economic Quarterly, 2002, vol. 7, issue 3, 98-108

Abstract: The business cycle should have reached its lower turning point in the first quarter, and a recovery is expected to gather momentum from now. Because of the negative carry-over from last year, GDP growth on annual average 2002 may not exceed 1.2 percent, accelerating to 2.8 percent in 2003. While the upswing receives its major stimulus from abroad, the international environment also holds the major risks to the recovery. The effects of slow growth will continue to weigh on the labour market and on public finances in 2002, before some relief should become visible in 2003.

Keywords: Outlook; Business Cycle; Austria; Economic Recovery Surrounded by Risks. Economic Outlook for 2002 and 2003 (search for similar items in EconPapers)
Date: 2002
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.wifo.ac.at/wwa/pubid/22369 abstract (text/html)
Payment required

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wfo:wquart:y:2002:i:3:p:98-108

Access Statistics for this article

More articles in Austrian Economic Quarterly from WIFO Contact information at EDIRC.
Bibliographic data for series maintained by Florian Mayr ().