Higher Oil Prices and Budgetary Consolidation Dampen Economic Growth. Economic Outlook for 2000 and 2001

Ewald Walterskirchen
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Ewald Walterskirchen: WIFO

WIFO Monatsberichte (monthly reports), 2000, vol. 73, issue 10, 587-588

Abstract: The rise in crude oil prices and more determined efforts to consolidate public finances will make for slower economic growth next year. Following a strong cyclical upswing in 2000 (+3.5 percent), activity is set to expand by a more moderate 2.8 percent in 2001.

Keywords: Higher; Oil; Prices; and; Budgetary; Consolidation; Dampen; Economic; Growth.; Economic; Outlook; for; 2000; and; 2001 (search for similar items in EconPapers)
Date: 2000
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