{"id":106870,"date":"2024-01-22T15:01:40","date_gmt":"2024-01-22T14:01:40","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/106870\/"},"modified":"2026-02-17T16:28:44","modified_gmt":"2026-02-17T15:28:44","slug":"business-cycle-recovery-delayed-economic-outlook-for-2002-and-2003-4","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/106870\/","title":{"rendered":"Business Cycle Recovery Delayed. Economic Outlook for 2002 and 2003"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-106870","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"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.","onlinedate":"2002-10-30 12:00:00","lang":"English","publication_series":"","publication_date":"20021001","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Business Cycle Analyses; Outlook; Austria; Business Cycle Recovery Delayed. Economic Outlook for 2002 and 2003\"]","jelcodes":"[]","related_publications":"[]","pdf":441099,"zip":null,"link":"https:\/\/www.wifo.ac.at\/wwa\/pubid\/23044","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"7","monthly_report_pages":"156-166","monthly_report_pages_sort":"156","issue":"4","journal":"Austrian Economic Quarterly","publisher":"","invisible":false,"external":false,"embargo_date":"2002-10-30 12:00:00","types":[183747],"research_groups":[3500],"collaboration":"","persons":[3893],"persons_data":"[{\"personId\":3893,\"personName\":\"Ewald Walterskirchen\",\"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>Walterskirchen, E.<\\\/span> (2002). <span>Business Cycle Recovery Delayed. Economic Outlook for 2002 and 2003<\\\/span>. <span><em>Austrian Economic Quarterly<\\\/em><\\\/span>, <em>7<\\\/em>(4), 156-166. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/23044\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/23044<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Walterskirchen E<\\\/span>. <span class=\\\"title\\\"><span>Business Cycle Recovery Delayed. Economic Outlook for 2002 and 2003<\\\/span><\\\/span>. <span>Austrian Economic Quarterly<\\\/span>. 2002 Oct;7(4):156-166.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{3893e09aa6854a6b8078cbe054f80b96,<\\\/div><div>  title    = \\\"Business Cycle Recovery Delayed. Economic Outlook for 2002 and 2003\\\",<\\\/div><div>  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.\\\",<\\\/div><div>  keywords = \\\"Business Cycle Analyses; Outlook; Austria; Business Cycle Recovery Delayed. Economic Outlook for 2002 and 2003, Business Cycle Analyses; Outlook; Austria; Business Cycle Recovery Delayed. Economic Outlook for 2002 and 2003\\\",<\\\/div><div>  author   = \\\"Ewald Walterskirchen\\\",<\\\/div><div>  note     = \\\"Economic Outlook\\\",<\\\/div><div>  year     = \\\"2002\\\",<\\\/div><div>  month    = oct,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"7\\\",<\\\/div><div>  pages    = \\\"156--166\\\",<\\\/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  - Business Cycle Recovery Delayed. Economic Outlook for 2002 and 2003<\\\/p><p>AU  - Walterskirchen, Ewald<\\\/p><p>N1  - Economic Outlook<\\\/p><p>PY  - 2002\\\/10<\\\/p><p>Y1  - 2002\\\/10<\\\/p><p>N2  - 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.<\\\/p><p>AB  - 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.<\\\/p><p>KW  - Business Cycle Analyses; Outlook; Austria; Business Cycle Recovery Delayed. Economic Outlook for 2002 and 2003<\\\/p><p>KW  - Business Cycle Analyses; Outlook; Austria; Business Cycle Recovery Delayed. Economic Outlook for 2002 and 2003<\\\/p><p>M3  - WIFO series<\\\/p><p>VL  - 7<\\\/p><p>SP  - 156<\\\/p><p>EP  - 166<\\\/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 v28.3 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Business Cycle Recovery Delayed. 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