Cyclical Recovery Expected to Proceed Smoothly. Economic Outlook for 2002 and 2003
The business cycle recovery in the USA will have a positive impact on Europe already in the first half of 2002, leading to a pickup in economic growth. Activity in Austria should thus gain strength from quarter to quarter. As the recovery starts from a low level early this year, the average rate of...| Link(s) zu Dokument(en): | WIFO Publikation |
|---|---|
| Veröffentlicht in: | Austrian Economic Quarterly |
| 1. Verfasser: | |
| Format: | article |
| Sprache: | Englisch |
| Veröffentlicht: |
2002
|
| Schlagworte: |
| Zusammenfassung: | The business cycle recovery in the USA will have a positive impact on Europe already in the first half of 2002, leading to a pickup in economic growth. Activity in Austria should thus gain strength from quarter to quarter. As the recovery starts from a low level early this year, the average rate of growth in 2002 may only be 1.2 percent, before accelerating to 2.8 percent in 2003. |
|---|