{"id":102619,"date":"2024-01-22T13:15:20","date_gmt":"2024-01-22T12:15:20","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/102619\/"},"modified":"2024-11-07T02:42:44","modified_gmt":"2024-11-07T01:42:44","slug":"prognose-fuer-1990-anhaltend-gutes-wirtschaftsklima-und-hohe-investitionsplaene","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/102619\/","title":{"rendered":"Outlook for 1989 and 1990: Good Prospects for Business Climate and Investment"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-102619","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"After a temporary halt the business cycle will resume its upward trend. Firms in manufacturing industry still have a comfortable stock of outstanding orders with little spare production capacity left. However, the effect of higher interest rates is likely to slow the expansion of activity abroad and of international trade. Price competitiveness of Austrian exports is unlikely to increase much further and the stimulus to consumption from the tax reform is going to wear off. Therefore, as in the earlier forecast, GDP growth is seen to come down gradually from an average 4 percent in 1989 to 3 percent in 1990. Because of higher stockbuilding total domestic demand will rise unabated. At current import propensities the foreign sector real balance will be marginally negative. Assuming broadly unchanged terms of trade the current account forecast yields a small deficit of AS 7 billion. The greater part of the deterioration in the trade balance will again be compensated by higher net revenues from tourism. While in 1989 consumer prices were boosted by higher import prices of raw materials, wages and salaries will add to inflation in 1990. The number of employees is expected to increase by 30,000 (+1 percent). As the supply of labour, particularly of foreigners, is very elastic registered unemployment is expected to fall insignificantly to a rate of 4.9 percent of the dependent labour force.","onlinedate":"1990-01-01 01:00:00","lang":"German","publication_series":"","publication_date":"19900101","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Prognose f\u00fcr 1990. Anhaltend gutes Wirtschaftsklima und hohe Investitionspl\u00e4ne; Outlook for 1989 and 1990: Good Prospects for Business Climate and Investment\"]","jelcodes":"[]","related_publications":"[]","pdf":306206,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"63","monthly_report_pages":"3-17","monthly_report_pages_sort":"3","issue":"1","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3500],"collaboration":"","persons":[],"persons_data":"[]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>WIFO<\\\/span> (1990). <span>Prognose f\u00fcr 1990. Anhaltend gutes Wirtschaftsklima und hohe Investitionspl\u00e4ne<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>63<\\\/em>(1), 3-17. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/7988\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/7988<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>WIFO<\\\/span>. <span class=\\\"title\\\"><span>Prognose f\u00fcr 1990. Anhaltend gutes Wirtschaftsklima und hohe Investitionspl\u00e4ne<\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 1990 Jan;63(1):3-17.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{2360156c3a5d4c0481493fb14b81a8ee,<\\\/div><div>  title    = \\\"Prognose f{\\\\\\\"u}r 1990. Anhaltend gutes Wirtschaftsklima und hohe Investitionspl{\\\\\\\"a}ne\\\",<\\\/div><div>  abstract = \\\"Die heimische Konjunktur bleibt auch 1990 lebhaft. Das Wachstum wird aber langsamer, weil der {\\\"}Konjunkturmotor Export{\\\"} an Zugkraft verliert. Hohe Zinss{\\\\\\\"a}tze bremsen die internationale Konjunktur. Die positiven Einfl{\\\\\\\"u}sse von der {\\\\\\\"O}ffnung Osteuropas gleichen diese retardierenden Effekte wahrscheinlich nicht ganz aus. Die {\\\\\\\"o}sterreichische Wirtschaft wird 1990, wie schon im September 1989 angenommen, um 3\\\\% wachsen. Trotz starker Inlandsnachfrage ist das Defizit der Leistungsbilanz 1990 m{\\\\\\\"a}{\\\\ss}ig, die Inflationsrate d{\\\\\\\"u}rfte allerdings auf 3\u00bd\\\\% steigen.\\\",<\\\/div><div>  keywords = \\\"Prognose f{\\\\\\\"u}r 1990. Anhaltend gutes Wirtschaftsklima und hohe Investitionspl{\\\\\\\"a}ne; Outlook for 1989 and 1990: Good Prospects for Business Climate and Investment, Prognose f{\\\\\\\"u}r 1990. Anhaltend gutes Wirtschaftsklima und hohe Investitionspl{\\\\\\\"a}ne; Outlook for 1989 and 1990: Good Prospects for Business Climate and Investment\\\",<\\\/div><div>  author   = \\\"WIFO\\\",<\\\/div><div>  year     = \\\"1990\\\",<\\\/div><div>  month    = jan,<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  volume   = \\\"63\\\",<\\\/div><div>  pages    = \\\"3--17\\\",<\\\/div><div>  journal  = \\\"WIFO-Monatsberichte\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Prognose f\u00fcr 1990. Anhaltend gutes Wirtschaftsklima und hohe Investitionspl\u00e4ne<\\\/p><p>AU  - WIFO, null<\\\/p><p>PY  - 1990\\\/1<\\\/p><p>Y1  - 1990\\\/1<\\\/p><p>N2  - Die heimische Konjunktur bleibt auch 1990 lebhaft. Das Wachstum wird aber langsamer, weil der \\\"Konjunkturmotor Export\\\" an Zugkraft verliert. Hohe Zinss\u00e4tze bremsen die internationale Konjunktur. Die positiven Einfl\u00fcsse von der \u00d6ffnung Osteuropas gleichen diese retardierenden Effekte wahrscheinlich nicht ganz aus. Die \u00f6sterreichische Wirtschaft wird 1990, wie schon im September 1989 angenommen, um 3% wachsen. Trotz starker Inlandsnachfrage ist das Defizit der Leistungsbilanz 1990 m\u00e4\u00dfig, die Inflationsrate d\u00fcrfte allerdings auf 3\u00bd% steigen.<\\\/p><p>AB  - Die heimische Konjunktur bleibt auch 1990 lebhaft. Das Wachstum wird aber langsamer, weil der \\\"Konjunkturmotor Export\\\" an Zugkraft verliert. Hohe Zinss\u00e4tze bremsen die internationale Konjunktur. Die positiven Einfl\u00fcsse von der \u00d6ffnung Osteuropas gleichen diese retardierenden Effekte wahrscheinlich nicht ganz aus. Die \u00f6sterreichische Wirtschaft wird 1990, wie schon im September 1989 angenommen, um 3% wachsen. Trotz starker Inlandsnachfrage ist das Defizit der Leistungsbilanz 1990 m\u00e4\u00dfig, die Inflationsrate d\u00fcrfte allerdings auf 3\u00bd% steigen.<\\\/p><p>KW  - Prognose f\u00fcr 1990. Anhaltend gutes Wirtschaftsklima und hohe Investitionspl\u00e4ne; Outlook for 1989 and 1990: Good Prospects for Business Climate and Investment<\\\/p><p>KW  - Prognose f\u00fcr 1990. Anhaltend gutes Wirtschaftsklima und hohe Investitionspl\u00e4ne; Outlook for 1989 and 1990: Good Prospects for Business Climate and Investment<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>VL  - 63<\\\/p><p>SP  - 3<\\\/p><p>EP  - 17<\\\/p><p>JO  - WIFO-Monatsberichte<\\\/p><p>JF  - WIFO-Monatsberichte<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Outlook for 1989 and 1990: Good Prospects for Business Climate and Investment - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/102619\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Outlook for 1989 and 1990: Good Prospects for Business Climate and Investment\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/102619\/\" \/>\n<meta property=\"og:site_name\" content=\"WIFO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WIFOat\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-07T01:42:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@WIFOat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/102619\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/102619\\\/\",\"name\":\"Outlook for 1989 and 1990: Good Prospects for Business Climate and Investment - 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