{"id":116808,"date":"2024-01-22T20:12:24","date_gmt":"2024-01-22T19:12:24","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/116808\/"},"modified":"2024-11-07T04:42:23","modified_gmt":"2024-11-07T03:42:23","slug":"euro-area-debt-crisis-weighing-increasingly-on-domestic-activity-economic-outlook-for-2012-and-2013-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/116808\/","title":{"rendered":"Euro Area Debt Crisis Weighing Increasingly on Domestic Activity. Economic Outlook for 2012 and 2013"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-116808","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"After a robust start into 2012, the Austrian economy is becoming more and more affected by the sluggish performance in the euro area. The drawn-out debate about the appropriate policy approach to resolve the acute sovereign debt crisis makes a short-term forecast at the present stage particularly uncertain. Leading indicators for Austria point to subdued economic activity in the months ahead. Against this background, GDP growth for the whole year is projected at 0.6 percent. In 2013, the growth momentum should pick up to a rate of 1.3 percent. In spite of employment maintaining an upward trend, unemployment will rise at the same time.","onlinedate":"2012-08-31 02:00:00","lang":"English","publication_series":"","publication_date":"20121001","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Economic Outlook Austria August\"]","jelcodes":"[]","related_publications":"[]","pdf":345134,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"17","monthly_report_pages":"143-154","monthly_report_pages_sort":"143","issue":"3","journal":"Austrian Economic Quarterly","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[183747],"research_groups":[3500],"collaboration":"","persons":[3837],"persons_data":"[{\"personId\":3837,\"personName\":\"Marcus Scheiblecker\",\"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>Scheiblecker, M.<\\\/span> (2012). <span>Euro Area Debt Crisis Weighing Increasingly on Domestic Activity. Economic Outlook for 2012 and 2013<\\\/span>. <span><em>Austrian Economic Quarterly<\\\/em><\\\/span>, <em>17<\\\/em>(3), 143-154. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/45098\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/45098<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Scheiblecker M<\\\/span>. <span class=\\\"title\\\"><span>Euro Area Debt Crisis Weighing Increasingly on Domestic Activity. Economic Outlook for 2012 and 2013<\\\/span><\\\/span>. <span>Austrian Economic Quarterly<\\\/span>. 2012 Oct;17(3):143-154.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{b844dcf441664c488a15035261a3f6c7,<\\\/div><div>  title    = \\\"Euro Area Debt Crisis Weighing Increasingly on Domestic Activity. Economic Outlook for 2012 and 2013\\\",<\\\/div><div>  abstract = \\\"After a robust start into 2012, the Austrian economy is becoming more and more affected by the sluggish performance in the euro area. The drawn-out debate about the appropriate policy approach to resolve the acute sovereign debt crisis makes a short-term forecast at the present stage particularly uncertain. Leading indicators for Austria point to subdued economic activity in the months ahead. Against this background, GDP growth for the whole year is projected at 0.6 percent. In 2013, the growth momentum should pick up to a rate of 1.3 percent. In spite of employment maintaining an upward trend, unemployment will rise at the same time.\\\",<\\\/div><div>  keywords = \\\"Economic Outlook Austria August, Economic Outlook Austria August\\\",<\\\/div><div>  author   = \\\"Marcus Scheiblecker\\\",<\\\/div><div>  note     = \\\"Economic Outlook\\\",<\\\/div><div>  year     = \\\"2012\\\",<\\\/div><div>  month    = oct,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"17\\\",<\\\/div><div>  pages    = \\\"143--154\\\",<\\\/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 Debt Crisis Weighing Increasingly on Domestic Activity. Economic Outlook for 2012 and 2013<\\\/p><p>AU  - Scheiblecker, Marcus<\\\/p><p>N1  - Economic Outlook<\\\/p><p>PY  - 2012\\\/10<\\\/p><p>Y1  - 2012\\\/10<\\\/p><p>N2  - After a robust start into 2012, the Austrian economy is becoming more and more affected by the sluggish performance in the euro area. The drawn-out debate about the appropriate policy approach to resolve the acute sovereign debt crisis makes a short-term forecast at the present stage particularly uncertain. Leading indicators for Austria point to subdued economic activity in the months ahead. Against this background, GDP growth for the whole year is projected at 0.6 percent. In 2013, the growth momentum should pick up to a rate of 1.3 percent. In spite of employment maintaining an upward trend, unemployment will rise at the same time.<\\\/p><p>AB  - After a robust start into 2012, the Austrian economy is becoming more and more affected by the sluggish performance in the euro area. The drawn-out debate about the appropriate policy approach to resolve the acute sovereign debt crisis makes a short-term forecast at the present stage particularly uncertain. Leading indicators for Austria point to subdued economic activity in the months ahead. Against this background, GDP growth for the whole year is projected at 0.6 percent. In 2013, the growth momentum should pick up to a rate of 1.3 percent. 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