{"id":112516,"date":"2024-01-22T17:38:24","date_gmt":"2024-01-22T16:38:24","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/112516\/"},"modified":"2024-11-07T04:05:17","modified_gmt":"2024-11-07T03:05:17","slug":"repercussions-of-financial-market-crisis-weighing-on-medium-term-growth-projections-for-the-austrian-economy-until-2013","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/112516\/","title":{"rendered":"Repercussions of Financial Market Crisis Weighing on Medium-Term Growth. Projections for the Austrian Economy until 2013"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-112516","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The global economic crisis will slow down Austria's economic growth over the medium term. Over the period from 2009 to 2013, real GDP is expected to grow on average by 1.3 percent p.a. The cyclical downturn will have a negative impact on the labour market and public finances, while keeping inflation low. Restoring the balance of public finances in the aftermath of the crisis would require a determined effort by the government.","onlinedate":"2009-03-09 01:00:00","lang":"English","publication_series":"","publication_date":"20090301","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Medium-term Growth\",\"Medium-term Projections for Austria; Financial Market Crisis\",\"Projections; Austrian Economy; Austria\"]","jelcodes":"[]","related_publications":"[]","pdf":332900,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"14","monthly_report_pages":"11-22","monthly_report_pages_sort":"11","issue":"1","journal":"Austrian Economic Quarterly","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[183747],"research_groups":[3500],"collaboration":"","persons":[3530,3641,3893],"persons_data":"[{\"personId\":3530,\"personName\":\"Josef Baumgartner\",\"organisationNames\":[]},{\"personId\":3641,\"personName\":\"Serguei Kaniovski\",\"organisationNames\":[]},{\"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>Baumgartner, J.<\\\/span><span>, Kaniovski, S.<\\\/span><span>, &amp; Walterskirchen, E.<\\\/span> (2009). <span>Repercussions of Financial Market Crisis Weighing on Medium-Term Growth. Projections for the Austrian Economy until 2013<\\\/span>. <span><em>Austrian Economic Quarterly<\\\/em><\\\/span>, <em>14<\\\/em>(1), 11-22. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/35339\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/35339<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Baumgartner J<\\\/span><span>, Kaniovski S<\\\/span><span>, Walterskirchen E<\\\/span>. <span class=\\\"title\\\"><span>Repercussions of Financial Market Crisis Weighing on Medium-Term Growth. Projections for the Austrian Economy until 2013<\\\/span><\\\/span>. <span>Austrian Economic Quarterly<\\\/span>. 2009 Mar;14(1):11-22.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{ad3a6dea96664a32b241632ea02d8fbd,<\\\/div><div>  title    = \\\"Repercussions of Financial Market Crisis Weighing on Medium-Term Growth. Projections for the Austrian Economy until 2013\\\",<\\\/div><div>  abstract = \\\"The global economic crisis will slow down Austria's economic growth over the medium term. Over the period from 2009 to 2013, real GDP is expected to grow on average by 1.3 percent p.a. The cyclical downturn will have a negative impact on the labour market and public finances, while keeping inflation low. Restoring the balance of public finances in the aftermath of the crisis would require a determined effort by the government.\\\",<\\\/div><div>  keywords = \\\"Medium-term Growth, Medium-term Projections for Austria; Financial Market Crisis, Projections; Austrian Economy; Austria, Medium-term Growth, Medium-term Projections for Austria; Financial Market Crisis, Projections; Austrian Economy; Austria\\\",<\\\/div><div>  author   = \\\"Josef Baumgartner and Serguei Kaniovski and Ewald Walterskirchen\\\",<\\\/div><div>  note     = \\\"Medium-term Projections for Austria\\\",<\\\/div><div>  year     = \\\"2009\\\",<\\\/div><div>  month    = mar,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"14\\\",<\\\/div><div>  pages    = \\\"11--22\\\",<\\\/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  - Repercussions of Financial Market Crisis Weighing on Medium-Term Growth. Projections for the Austrian Economy until 2013<\\\/p><p>AU  - Baumgartner, Josef<\\\/p><p>AU  - Kaniovski, Serguei<\\\/p><p>AU  - Walterskirchen, Ewald<\\\/p><p>N1  - Medium-term Projections for Austria<\\\/p><p>PY  - 2009\\\/3<\\\/p><p>Y1  - 2009\\\/3<\\\/p><p>N2  - The global economic crisis will slow down Austria's economic growth over the medium term. Over the period from 2009 to 2013, real GDP is expected to grow on average by 1.3 percent p.a. The cyclical downturn will have a negative impact on the labour market and public finances, while keeping inflation low. Restoring the balance of public finances in the aftermath of the crisis would require a determined effort by the government.<\\\/p><p>AB  - The global economic crisis will slow down Austria's economic growth over the medium term. Over the period from 2009 to 2013, real GDP is expected to grow on average by 1.3 percent p.a. 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