{"id":263313,"date":"2024-01-22T18:31:02","date_gmt":"2024-01-22T17:31:02","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/263313\/"},"modified":"2024-11-07T07:39:34","modified_gmt":"2024-11-07T06:39:34","slug":"cyclical-stabilisation-but-no-robust-upturn-economic-outlook-for-2010-and-2011-3","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/263313\/","title":{"rendered":"Cyclical Stabilisation, But No Robust Upturn. Economic Outlook for 2010 and 2011"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-263313","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In 2009, economic activity in Austria contracted by 3.4 percent in volume, somewhat less than the euro area average (\u20133.9 percent). As from the middle of the year, merchandise exports and industrial output started heading up as a result of the expansionary policy stance adopted worldwide. The recovery is set to continue in the months to come, allowing GDP to grow by 1.5 percent in 2010. However, the still low capacity utilisation will hardly provide incentives for higher investment, which is one of the reasons why unemployment will keep rising, to a rate of 8.1 percent of the dependent labour force in 2011. The general government balance will deteriorate to a deficit corresponding to around 5 percent of GDP.","onlinedate":"2010-01-08 01:00:00","lang":"English","publication_series":"","publication_date":"20091201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"15","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":412958,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"WIFO-Konjunkturprognose","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44368],"research_groups":[3500],"collaboration":"","persons":[4043],"persons_data":"[{\"personId\":4043,\"personName\":\"Markus Marterbauer\",\"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>Marterbauer, M.<\\\/span> (2009). <span>Cyclical Stabilisation, But No Robust Upturn. Economic Outlook for 2010 and 2011<\\\/span>. <span><em>WIFO-Konjunkturprognose<\\\/em><\\\/span>. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/38081\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/38081<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Marterbauer M<\\\/span>. <span class=\\\"title\\\"><span>Cyclical Stabilisation, But No Robust Upturn. Economic Outlook for 2010 and 2011<\\\/span><\\\/span>. <span>WIFO-Konjunkturprognose<\\\/span>. 2009 Dec.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{b10c820e31374a5885e040c3143cb0ae,<\\\/div><div>  title    = \\\"Cyclical Stabilisation, But No Robust Upturn. Economic Outlook for 2010 and 2011\\\",<\\\/div><div>  abstract = \\\"In 2009, economic activity in Austria contracted by 3.4 percent in volume, somewhat less than the euro area average (\u20133.9 percent). As from the middle of the year, merchandise exports and industrial output started heading up as a result of the expansionary policy stance adopted worldwide. The recovery is set to continue in the months to come, allowing GDP to grow by 1.5 percent in 2010. However, the still low capacity utilisation will hardly provide incentives for higher investment, which is one of the reasons why unemployment will keep rising, to a rate of 8.1 percent of the dependent labour force in 2011. The general government balance will deteriorate to a deficit corresponding to around 5 percent of GDP.\\\",<\\\/div><div>  keywords = \\\"WIFO Economic Outlook\\\",<\\\/div><div>  author   = \\\"Markus Marterbauer\\\",<\\\/div><div>  year     = \\\"2009\\\",<\\\/div><div>  month    = dec,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  journal  = \\\"WIFO-Konjunkturprognose\\\",<\\\/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  - Cyclical Stabilisation, But No Robust Upturn. Economic Outlook for 2010 and 2011<\\\/p><p>AU  - Marterbauer, Markus<\\\/p><p>PY  - 2009\\\/12<\\\/p><p>Y1  - 2009\\\/12<\\\/p><p>N2  - In 2009, economic activity in Austria contracted by 3.4 percent in volume, somewhat less than the euro area average (\u20133.9 percent). As from the middle of the year, merchandise exports and industrial output started heading up as a result of the expansionary policy stance adopted worldwide. The recovery is set to continue in the months to come, allowing GDP to grow by 1.5 percent in 2010. However, the still low capacity utilisation will hardly provide incentives for higher investment, which is one of the reasons why unemployment will keep rising, to a rate of 8.1 percent of the dependent labour force in 2011. The general government balance will deteriorate to a deficit corresponding to around 5 percent of GDP.<\\\/p><p>AB  - In 2009, economic activity in Austria contracted by 3.4 percent in volume, somewhat less than the euro area average (\u20133.9 percent). As from the middle of the year, merchandise exports and industrial output started heading up as a result of the expansionary policy stance adopted worldwide. The recovery is set to continue in the months to come, allowing GDP to grow by 1.5 percent in 2010. However, the still low capacity utilisation will hardly provide incentives for higher investment, which is one of the reasons why unemployment will keep rising, to a rate of 8.1 percent of the dependent labour force in 2011. The general government balance will deteriorate to a deficit corresponding to around 5 percent of GDP.<\\\/p><p>KW  - WIFO Economic Outlook<\\\/p><p>M3  - WIFO series<\\\/p><p>JO  - WIFO-Konjunkturprognose<\\\/p><p>JF  - WIFO-Konjunkturprognose<\\\/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>Cyclical Stabilisation, But No Robust Upturn. 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