{"id":103026,"date":"2024-01-22T13:27:21","date_gmt":"2024-01-22T12:27:21","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/103026\/"},"modified":"2024-11-07T02:50:39","modified_gmt":"2024-11-07T01:50:39","slug":"budgetary-and-labour-market-policies-facing-major-challenges-despite-faster-growth-economic-outlook-for-1999-to-2001-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/103026\/","title":{"rendered":"Budgetary and Labour Market Policies Facing Major Challenges Despite Faster Growth. Economic Outlook for 1999 to 2001"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-103026","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"WIFO is upholding its projections for real GDP growth of 2.2 percent in 1999, unchanged since last March. In the first half of 1999, growth was driven almost entirely by domestic demand. Since mid-year, exports and industrial activity have picked up significantly. In 2000, the Austrian economy should benefit not only from an accelerating expansion of foreign markets, but also from sizeable gains in price-competitiveness. Yet, with the tax reform taking effect, also private consumption will receive additional stimulus. Real growth of GDP is projected to strengthen to 2.8 percent. A first outlook into 2001 suggests demand and output may continue rising at an above-average pace of 2\u00be percent. Price stability is set to be maintained. The two key challenges for economic policy are public sector borrowing and unemployment: from today's perspective, developments on both indicators will fail to meet government targets.","onlinedate":"2000-02-10 12:00:00","lang":"English","publication_series":"","publication_date":"20000201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":308544,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"5","monthly_report_pages":"3-11","monthly_report_pages_sort":"3","issue":"1","journal":"Austrian Economic Quarterly","publisher":"","invisible":false,"external":false,"embargo_date":"2000-02-10 12:00:00","types":[183747],"research_groups":[3500],"collaboration":"","persons":[4043],"persons_data":"[{\"personId\":4043,\"personName\":\"Markus Marterbauer\",\"organisationNames\":[]}]","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>Marterbauer, M.<\\\/span> (2000). <span>Budgetary and Labour Market Policies Facing Major Challenges Despite Faster Growth. Economic Outlook for 1999 to 2001<\\\/span>. <span><em>Austrian Economic Quarterly<\\\/em><\\\/span>, <em>5<\\\/em>(1), 3-11. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/13631\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/13631<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Marterbauer M<\\\/span>. <span class=\\\"title\\\"><span>Budgetary and Labour Market Policies Facing Major Challenges Despite Faster Growth. Economic Outlook for 1999 to 2001<\\\/span><\\\/span>. <span>Austrian Economic Quarterly<\\\/span>. 2000 Feb;5(1):3-11.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{79fa760a8f9c4f76a21c0040306b689d,<\\\/div><div>  title    = \\\"Budgetary and Labour Market Policies Facing Major Challenges Despite Faster Growth. Economic Outlook for 1999 to 2001\\\",<\\\/div><div>  abstract = \\\"WIFO is upholding its projections for real GDP growth of 2.2 percent in 1999, unchanged since last March. In the first half of 1999, growth was driven almost entirely by domestic demand. Since mid-year, exports and industrial activity have picked up significantly. In 2000, the Austrian economy should benefit not only from an accelerating expansion of foreign markets, but also from sizeable gains in price-competitiveness. Yet, with the tax reform taking effect, also private consumption will receive additional stimulus. Real growth of GDP is projected to strengthen to 2.8 percent. A first outlook into 2001 suggests demand and output may continue rising at an above-average pace of 2\u00be percent. Price stability is set to be maintained. The two key challenges for economic policy are public sector borrowing and unemployment: from today's perspective, developments on both indicators will fail to meet government targets.\\\",<\\\/div><div>  keywords = \\\"Budgetary and Labour Market Policies Facing Major Challenges Despite Faster Growth. Economic Outlook for 1999 to 2001\\\",<\\\/div><div>  author   = \\\"Markus Marterbauer\\\",<\\\/div><div>  note     = \\\"Outlook\\\",<\\\/div><div>  year     = \\\"2000\\\",<\\\/div><div>  month    = feb,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"5\\\",<\\\/div><div>  pages    = \\\"3--11\\\",<\\\/div><div>  journal  = \\\"Austrian Economic Quarterly\\\",<\\\/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  - Budgetary and Labour Market Policies Facing Major Challenges Despite Faster Growth. Economic Outlook for 1999 to 2001<\\\/p><p>AU  - Marterbauer, Markus<\\\/p><p>N1  - Outlook<\\\/p><p>PY  - 2000\\\/2<\\\/p><p>Y1  - 2000\\\/2<\\\/p><p>N2  - WIFO is upholding its projections for real GDP growth of 2.2 percent in 1999, unchanged since last March. In the first half of 1999, growth was driven almost entirely by domestic demand. Since mid-year, exports and industrial activity have picked up significantly. In 2000, the Austrian economy should benefit not only from an accelerating expansion of foreign markets, but also from sizeable gains in price-competitiveness. Yet, with the tax reform taking effect, also private consumption will receive additional stimulus. Real growth of GDP is projected to strengthen to 2.8 percent. A first outlook into 2001 suggests demand and output may continue rising at an above-average pace of 2\u00be percent. Price stability is set to be maintained. The two key challenges for economic policy are public sector borrowing and unemployment: from today's perspective, developments on both indicators will fail to meet government targets.<\\\/p><p>AB  - WIFO is upholding its projections for real GDP growth of 2.2 percent in 1999, unchanged since last March. In the first half of 1999, growth was driven almost entirely by domestic demand. Since mid-year, exports and industrial activity have picked up significantly. In 2000, the Austrian economy should benefit not only from an accelerating expansion of foreign markets, but also from sizeable gains in price-competitiveness. Yet, with the tax reform taking effect, also private consumption will receive additional stimulus. Real growth of GDP is projected to strengthen to 2.8 percent. A first outlook into 2001 suggests demand and output may continue rising at an above-average pace of 2\u00be percent. Price stability is set to be maintained. The two key challenges for economic policy are public sector borrowing and unemployment: from today's perspective, developments on both indicators will fail to meet government targets.<\\\/p><p>KW  - Budgetary and Labour Market Policies Facing Major Challenges Despite Faster Growth. Economic Outlook for 1999 to 2001<\\\/p><p>M3  - WIFO series<\\\/p><p>VL  - 5<\\\/p><p>SP  - 3<\\\/p><p>EP  - 11<\\\/p><p>JO  - Austrian Economic Quarterly<\\\/p><p>JF  - Austrian Economic Quarterly<\\\/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>Budgetary and Labour Market Policies Facing Major Challenges Despite Faster Growth. 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