IDEAS home Printed from https://ideas.repec.org/a/wfo/wquart/y1999i4p223-230.html
   My bibliography  Save this article

Export Recovery and Tax Reform Accelerating the Pace of Growth. Economic Outlook for 1999 and 2000

Author

Listed:
  • Markus Marterbauer

    (WIFO)

Abstract

Driven by a recovery of exports and industrial output, economic growth has been gaining momentum since mid-1999. Rising private consumption continues to give firm support to the business cycle; next year, the tax reform and higher family benefits will provide additional stimulus to private household spending. Growth of real GDP is projected at 2.2 percent for the current year, accelerating to 2.8 percent in 2000. Price stability will be maintained, despite a substantial rise in oil prices. The strong advance of domestic demand is accompanied by sizeable employment gains which, together with a reinforcement of labour market policy measures, will bring down the rate of unemployment to 4.2 percent next year. General government net borrowing is set to increase to a ratio of 2½ percent of GDP.

Suggested Citation

  • Markus Marterbauer, 1999. "Export Recovery and Tax Reform Accelerating the Pace of Growth. Economic Outlook for 1999 and 2000," Austrian Economic Quarterly, WIFO, vol. 4(4), pages 223-230, October.
    • Handle: RePEc:wfo:wquart:y:1999:i:4:p:223-230
    as

    Download full text from publisher

    File URL: https://www.wifo.ac.at/wwa/pubid/8362
    File Function: abstract
    Download Restriction: Payment required
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Josef Baumgartner & Ewald Walterskirchen & Andrea Weber, 2000. "Favourable Medium-term Growth Prospects but Sustained Budget Problems. Medium-term Projection for the Austrian Economy 2000 to 2004," Austrian Economic Quarterly, WIFO, vol. 5(1), pages 19-24, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wfo:wquart:y:1999:i:4:p:223-230. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Florian Mayr (email available below). General contact details of provider: https://edirc.repec.org/data/wifooat.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.