Economic Growth Remaining Subdued. Economic Outlook for 2003 and 2004
For the third year in a row, the Austrian economy will grow by only around 1 percent in 2003. Adding to the persistent weakness of domestic demand are the economic repercussions of geo-political instability. For 2004, uncertainties are particularly large, with growth projected to stay below average...Link(s) zu Dokument(en): | WIFO Publikation |
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Veröffentlicht in: | WIFO Economic Outlook |
1. Verfasser: | |
Format: | book |
Sprache: | Englisch |
Veröffentlicht: |
2003
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Schlagworte: |
Zusammenfassung: | For the third year in a row, the Austrian economy will grow by only around 1 percent in 2003. Adding to the persistent weakness of domestic demand are the economic repercussions of geo-political instability. For 2004, uncertainties are particularly large, with growth projected to stay below average (1.7 percent). Weak overall economic conditions will lead to a further rise in unemployment and a widening budget deficit. |
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