Export-led Recovery Provides Little Relief for Current Account. Economic Outlook for 1997 and 1998

Georg M. Busch
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Georg M. Busch: WIFO

Austrian Economic Quarterly, 1997, vol. 2, issue 2, 59-66

Abstract: By 1998, GDP growth should return to its medium-term trend, thereby narrowing the gap vis-à-vis the OECD average. The labor market, while maintaining overall stability, may still not be able to offer a sufficient number of new employment opportunities. In the approach to European Monetary Union, economic policy and financial markets will be going through a critical phase.

Keywords: Export-led; Recovery; Provides; Little; Relief; for; Current; Account.; Economic; Outlook; for; 1997; and; 1998 (search for similar items in EconPapers)
Date: 1997
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