IDEAS home Printed from https://ideas.repec.org/a/wfo/wquart/y2001i1p1-11.html
   My bibliography  Save this article

Temporary Slowdown in Economic Growth. Economic Outlook for 2001 and 2002

Author

Listed:
  • Ewald Walterskirchen

    (WIFO)

Abstract

The slackening of the business cycle in the USA, the fallout from higher oil prices, and a restrictive budgetary stance are set to dampen economic growth in 2001. Following the strong upturn in 2000 (+3.3 percent), demand and output in Austria are expected to expand by a more moderate 2.6 percent in 2001. The slower pace of activity will still allow unemployment to decline further, albeit by a narrower margin. Inflation should decelerate markedly if the assumptions of a fall in oil prices and a weaker dollar exchange rate are confirmed. With energy prices no longer exerting upward pressure, the annual inflation rate should abate to 1.5 percent in 2001.

Suggested Citation

  • Ewald Walterskirchen, 2001. "Temporary Slowdown in Economic Growth. Economic Outlook for 2001 and 2002," Austrian Economic Quarterly, WIFO, vol. 6(1), pages 1-11, February.
    • Handle: RePEc:wfo:wquart:y:2001:i:1:p:1-11
    as

    Download full text from publisher

    File URL: https://www.wifo.ac.at/wwa/pubid/19657
    File Function: abstract
    Download Restriction: Payment required
    ---><---

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

    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:2001:i:1:p:1-11. 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.