{"id":115098,"date":"2024-01-22T19:13:19","date_gmt":"2024-01-22T18:13:19","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/115098\/"},"modified":"2026-02-17T16:38:05","modified_gmt":"2026-02-17T15:38:05","slug":"aufschwung-verstaerkt-sich-risiken-nehmen-zu-prognose-fuer-2011-und-2012","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/115098\/","title":{"rendered":"Upswing with Stronger Momentum, but Subject to Higher Risks. Economic Outlook for 2011 and 2012"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-115098","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The cyclical upswing in Austria continues. Driven by the swift expansion of global activity, exports are posting strong gains. Meanwhile, the momentum is being transmitted to private investment which is set to rise substantially over the forecast period. Short-term indicators suggest that the positive trend will persist in the first half of 2011 before moderating somewhat in parallel with developments abroad, under the impact of rising commodity and energy prices and a more restrictive policy stance in both the industrialised and the emerging economies. Further ahead, demand and output growth is set to regain momentum. For Austria, WIFO expects GDP to increase by 2.5 percent in 2011 and 2.0 percent in 2012. The major risk for the upswing currently derives from the drift in commodity and energy prices which may have a substantial impact on the world economy.","onlinedate":"2011-04-14 02:00:00","lang":"German","publication_series":"","publication_date":"20110401","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":441541,"zip":null,"link":"https:\/\/www.wifo.ac.at\/wwa\/pubid\/41603","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"84","monthly_report_pages":"219-232","monthly_report_pages_sort":"219","issue":"4","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3500],"collaboration":"","persons":[3567],"persons_data":"[{\"personId\":3567,\"personName\":\"Stefan Ederer\",\"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>Ederer, S.<\\\/span> (2011). <span>Aufschwung verst\u00e4rkt sich, Risiken nehmen zu. Prognose f\u00fcr 2011 und 2012<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>84<\\\/em>(4), 219-232. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/41603\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/41603<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Ederer S<\\\/span>. <span class=\\\"title\\\"><span>Aufschwung verst\u00e4rkt sich, Risiken nehmen zu. Prognose f\u00fcr 2011 und 2012<\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 2011 Apr;84(4):219-232.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{90cb5fd1f25a4ad1a0b2e38e10112c8d,<\\\/div><div>  title    = \\\"Aufschwung verst{\\\\\\\"a}rkt sich, Risiken nehmen zu. Prognose f{\\\\\\\"u}r 2011 und 2012\\\",<\\\/div><div>  abstract = \\\"Der Aufschwung h{\\\\\\\"a}lt in {\\\\\\\"O}sterreich an. Dank des kr{\\\\\\\"a}ftigen Wachstums der Weltwirtschaft nimmt die Ausfuhr rasch zu. Inzwischen greift der Exportaufschwung auf die Investitionen {\\\\\\\"u}ber: Die Ausr{\\\\\\\"u}stungsinvestitionen wachsen im Prognosezeitraum merklich. Die kurzfristigen Konjunkturindikatoren lassen eine Fortsetzung dieser Entwicklung erwarten. F{\\\\\\\"u}r {\\\\\\\"O}sterreich prognostiziert das WIFO f{\\\\\\\"u}r 2011 ein Wirtschaftswachstum von 2,5\\\\% und f{\\\\\\\"u}r 2012 von 2,0\\\\%. Die gr{\\\\\\\"o}{\\\\ss}ten Risiken f{\\\\\\\"u}r die Konjunktur liegen derzeit im Anstieg der Rohstoff- und Energiepreise, in der Krise in Japan und dem anhaltend labilen Finanz- und Bankensystem.\\\",<\\\/div><div>  keywords = \\\"Konjunkturprognose {\\\\\\\"O}sterreich\\\",<\\\/div><div>  author   = \\\"Stefan Ederer\\\",<\\\/div><div>  note     = \\\"Konjunkturprognose\\\",<\\\/div><div>  year     = \\\"2011\\\",<\\\/div><div>  month    = apr,<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  volume   = \\\"84\\\",<\\\/div><div>  pages    = \\\"219--232\\\",<\\\/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  - Aufschwung verst\u00e4rkt sich, Risiken nehmen zu. Prognose f\u00fcr 2011 und 2012<\\\/p><p>AU  - Ederer, Stefan<\\\/p><p>N1  - Konjunkturprognose<\\\/p><p>PY  - 2011\\\/4<\\\/p><p>Y1  - 2011\\\/4<\\\/p><p>N2  - Der Aufschwung h\u00e4lt in \u00d6sterreich an. Dank des kr\u00e4ftigen Wachstums der Weltwirtschaft nimmt die Ausfuhr rasch zu. Inzwischen greift der Exportaufschwung auf die Investitionen \u00fcber: Die Ausr\u00fcstungsinvestitionen wachsen im Prognosezeitraum merklich. Die kurzfristigen Konjunkturindikatoren lassen eine Fortsetzung dieser Entwicklung erwarten. F\u00fcr \u00d6sterreich prognostiziert das WIFO f\u00fcr 2011 ein Wirtschaftswachstum von 2,5% und f\u00fcr 2012 von 2,0%. Die gr\u00f6\u00dften Risiken f\u00fcr die Konjunktur liegen derzeit im Anstieg der Rohstoff- und Energiepreise, in der Krise in Japan und dem anhaltend labilen Finanz- und Bankensystem.<\\\/p><p>AB  - Der Aufschwung h\u00e4lt in \u00d6sterreich an. Dank des kr\u00e4ftigen Wachstums der Weltwirtschaft nimmt die Ausfuhr rasch zu. Inzwischen greift der Exportaufschwung auf die Investitionen \u00fcber: Die Ausr\u00fcstungsinvestitionen wachsen im Prognosezeitraum merklich. Die kurzfristigen Konjunkturindikatoren lassen eine Fortsetzung dieser Entwicklung erwarten. F\u00fcr \u00d6sterreich prognostiziert das WIFO f\u00fcr 2011 ein Wirtschaftswachstum von 2,5% und f\u00fcr 2012 von 2,0%. Die gr\u00f6\u00dften Risiken f\u00fcr die Konjunktur liegen derzeit im Anstieg der Rohstoff- und Energiepreise, in der Krise in Japan und dem anhaltend labilen Finanz- und Bankensystem.<\\\/p><p>KW  - Konjunkturprognose \u00d6sterreich<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>VL  - 84<\\\/p><p>SP  - 219<\\\/p><p>EP  - 232<\\\/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>Upswing with Stronger Momentum, but Subject to Higher Risks. Economic Outlook for 2011 and 2012 - 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\/115098\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Upswing with Stronger Momentum, but Subject to Higher Risks. 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