IDEAS home Printed from https://ideas.repec.org/a/wfo/wquart/y2002i4p156-166.html
   My bibliography  Save this article

Business Cycle Recovery Delayed. Economic Outlook for 2002 and 2003

Author

Listed:
  • Ewald Walterskirchen

    (WIFO)

Abstract

The slide on stock markets has shaken confidence of consumers and business world-wide. The business cycle recovery is thereby being delayed. The Austrian economy is projected to grow by barely 1 percent this year, and by over 2 percent in 2003. The slow pace of activity is causing a sharp rise in unemployment and an overrun in budget deficits. The recovery expected for next year is based on the assumption of a consolidation on stock markets and an unwinding of the negative investment cycle.

Suggested Citation

  • Ewald Walterskirchen, 2002. "Business Cycle Recovery Delayed. Economic Outlook for 2002 and 2003," Austrian Economic Quarterly, WIFO, vol. 7(4), pages 156-166, October.
    • Handle: RePEc:wfo:wquart:y:2002:i:4:p:156-166
    as

    Download full text from publisher

    File URL: https://www.wifo.ac.at/wwa/pubid/23044
    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:2002:i:4:p:156-166. 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.