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High Economic Growth in 1998, but Increasing Risks in 1999. Economic Outlook for 1998 and 1999

Ewald Walterskirchen
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Ewald Walterskirchen: WIFO

WIFO Monatsberichte (monthly reports), 1998, vol. 71, issue 10, 659-660

Abstract: The Austrian economy is expected to grow in 1998 by 3.3 percent, the highest growth rate since 1991. A vigorous expansion of exports and investment outlays form the basis of this dynamic development. Economic activity is set to slow down in 1999, however, as a result of the turbulence on the global financial markets. At 2.8 percent, GDP growth in Austria will nonetheless continue to exceed the medium-term trend.

Keywords: High Economic Growth in 1998; but Increasing Risks in 1999. Economic Outlook for 1998 and 1999 (search for similar items in EconPapers)
Date: 1998
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