WIFO-Monatsberichte (monthly reports)

The WIFO-Monatsberichte (monthly reports) contain research results and publications by WIFO staff on national and international economic developments based on sound economic analyses. Additionally, important key figures on the international and Austrian economic situation are published in the WIFO-Monatsberichte.

Editorial Board
Jesús Crespo Cuaresma (Vienna University of Economics and Business)
Claudia Kemfert (German Institute for Economic Research)
Philipp Schmidt-Dengler (University of Vienna)
Jens Südekum (Heinrich Heine University Düsseldorf)
Andrea Weber (Central European University)

Online full-text issues available since 1927 – One-year subscription € 270, single issue € 27.50

Subscription form

Information for authors
 

Search for articlesAdvanced search

Details

Starke Welthandelsimpulse beflügeln die Konjunktur in Österreich. Prognose für 2017 und 2018 (Strong Stimulus from World Trade Fuelling Economic Activity in Austria. Economic Outlook for 2017 and 2018)
WIFO-Monatsberichte, 2017, 90(7), pp.511-524
Online since: 25.07.2017 0:00
 
Die von Ostasien ausgehende Beschleunigung des Welthandelswachstums erreichte heuer Österreich. Die heimische Ausfuhr profitiert zudem von der Lösung des Investitionsstaus in Ostmitteleuropa. 2018 dürften die außenwirtschaftlichen Impulse etwas nachlassen, der private Verbrauch wird die Konjunktur weiterhin stützen. Trotz eines prognostizierten Wirtschaftswachstums von 2,4% 2017 (arbeitstagsbereinigt +2,6%) und 2,0% 2018 bleibt die Arbeitslosigkeit relativ hoch, da viele Stellen nicht mit Arbeitsuchenden in Österreich besetzt werden. Das Budgetdefizit nimmt heuer deutlich ab, die Fiskalpolitik ist einnahmenseitig aber noch expansiv ausgerichtet.
JEL-Codes:E32, E66
Keywords:Konjunkturbericht, Konjunkturprognose
Research group:Macroeconomics and Public Finance
Language:German

Strong Stimulus from World Trade Fuelling Economic Activity in Austria. Economic Outlook for 2017 and 2018
The acceleration of world trade growth originating from East Asia has reached Austria in 2017. In addition, exports benefitted from clearing the investment backlog in East-Central Europe. While the external stimulus may ease somewhat in 2018, private consumption will continue to provide firm support to business activity. In spite of GDP growth projected at a solid 2.4 percent in 2017 (+2.6 percent when adjusted for calendar effects) and 2.0 percent in 2018, unemployment will likely remain rather high, as many vacancies are not filled by domestic jobseekers. The general government deficit narrows markedly in the current year, even if the fiscal stance on the revenue side remains expansionary.

Contact persons

 

apl. Prof. Dr. Hans Pitlik

Function: Senior Economist, Editor-in-chief WIFO-Monatsberichte and WIFO Reports on Austria

Tatjana Weber

Activities: Publications, website, subscriptions

Tamara Fellinger

Activities: Publications, website, subscriptions