The Austrian Economy in 1989: Cyclical Boom Losing Momentum
One of the longest post-war cycles reached its peak in 1989, with real GDP growing by 3.8 percent. Strong expansion of domestic demand was even outpaced by the growth of exports. Inflation accelerated only little.
Empfohlene Zitation
Breuss, F., & et al. (1990). Hochkonjunktur verflacht. Die österreichische Wirtschaft im Jahr 1989. WIFO-Monatsberichte, 63(4), 206-256. https://www.wifo.ac.at/publication/pid/3975596.