{"id":114530,"date":"2024-01-22T18:56:48","date_gmt":"2024-01-22T17:56:48","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/114530\/"},"modified":"2024-11-14T13:17:40","modified_gmt":"2024-11-14T12:17:40","slug":"euro-area-economy-drawing-lagged-benefits-from-currency-depreciation-and-buoyant-global-trade-economic-outlook-for-2010-and-2011-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/114530\/","title":{"rendered":"Euro Area Economy Drawing Lagged Benefits from Currency Depreciation and Buoyant Global Trade. Economic Outlook for 2010 and 2011"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-114530","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Global trade strengthened further in the early months of 2010. On the back of buoyant demand from Asia, a recovery in the USA and a lower euro exchange rate, euro area exports should advance at a healthy pace. With internal demand still sluggish, the cyclical upswing in the euro area will nevertheless remain muted for some time. Major risks derive from macro-economic imbalances and financial market volatility. For Austria, WIFO expects real GDP to grow by 1.2 percent in 2010 and 1.6 percent in 2011, mainly driven by exports and private consumption. Employment is projected to increase by 0.5 percent each year.","onlinedate":"2010-08-04 02:00:00","lang":"English","publication_series":"","publication_date":"20100801","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Austria\",\"Economic Outlook\"]","jelcodes":"[]","related_publications":"[]","pdf":415030,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"15","monthly_report_pages":"245-258","monthly_report_pages_sort":"245","issue":"3","journal":"Austrian Economic Quarterly","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[183747],"research_groups":[3500],"collaboration":"","persons":[4173],"persons_data":"[{\"personId\":4173,\"personName\":\"Gerhard R\u00fcnstler\",\"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>R\u00fcnstler, G.<\\\/span> (2010). <span>Euro Area Economy Drawing Lagged Benefits from Currency Depreciation and Buoyant Global Trade. Economic Outlook for 2010 and 2011<\\\/span>. <span><em>Austrian Economic Quarterly<\\\/em><\\\/span>, <em>15<\\\/em>(3), 245-258. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/40288\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/40288<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>R\u00fcnstler G<\\\/span>. <span class=\\\"title\\\"><span>Euro Area Economy Drawing Lagged Benefits from Currency Depreciation and Buoyant Global Trade. Economic Outlook for 2010 and 2011<\\\/span><\\\/span>. <span>Austrian Economic Quarterly<\\\/span>. 2010 Aug;15(3):245-258.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{a4e6a2e518424211b1707e12fc780e16,<\\\/div><div>  title    = \\\"Euro Area Economy Drawing Lagged Benefits from Currency Depreciation and Buoyant Global Trade. Economic Outlook for 2010 and 2011\\\",<\\\/div><div>  abstract = \\\"Global trade strengthened further in the early months of 2010. On the back of buoyant demand from Asia, a recovery in the USA and a lower euro exchange rate, euro area exports should advance at a healthy pace. With internal demand still sluggish, the cyclical upswing in the euro area will nevertheless remain muted for some time. Major risks derive from macro-economic imbalances and financial market volatility. For Austria, WIFO expects real GDP to grow by 1.2 percent in 2010 and 1.6 percent in 2011, mainly driven by exports and private consumption. Employment is projected to increase by 0.5 percent each year.\\\",<\\\/div><div>  keywords = \\\"Austria, Economic Outlook, Austria, Economic Outlook\\\",<\\\/div><div>  author   = \\\"Gerhard R{\\\\\\\"u}nstler\\\",<\\\/div><div>  note     = \\\"Economic Outlook\\\",<\\\/div><div>  year     = \\\"2010\\\",<\\\/div><div>  month    = aug,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"15\\\",<\\\/div><div>  pages    = \\\"245--258\\\",<\\\/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  - Euro Area Economy Drawing Lagged Benefits from Currency Depreciation and Buoyant Global Trade. Economic Outlook for 2010 and 2011<\\\/p><p>AU  - R\u00fcnstler, Gerhard<\\\/p><p>N1  - Economic Outlook<\\\/p><p>PY  - 2010\\\/8<\\\/p><p>Y1  - 2010\\\/8<\\\/p><p>N2  - Global trade strengthened further in the early months of 2010. On the back of buoyant demand from Asia, a recovery in the USA and a lower euro exchange rate, euro area exports should advance at a healthy pace. With internal demand still sluggish, the cyclical upswing in the euro area will nevertheless remain muted for some time. Major risks derive from macro-economic imbalances and financial market volatility. For Austria, WIFO expects real GDP to grow by 1.2 percent in 2010 and 1.6 percent in 2011, mainly driven by exports and private consumption. Employment is projected to increase by 0.5 percent each year.<\\\/p><p>AB  - Global trade strengthened further in the early months of 2010. On the back of buoyant demand from Asia, a recovery in the USA and a lower euro exchange rate, euro area exports should advance at a healthy pace. With internal demand still sluggish, the cyclical upswing in the euro area will nevertheless remain muted for some time. Major risks derive from macro-economic imbalances and financial market volatility. For Austria, WIFO expects real GDP to grow by 1.2 percent in 2010 and 1.6 percent in 2011, mainly driven by exports and private consumption. 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