{"id":273372,"date":"2024-10-16T13:29:15","date_gmt":"2024-10-16T11:29:15","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/273372\/"},"modified":"2024-10-16T15:28:41","modified_gmt":"2024-10-16T13:28:41","slug":"economic-activity-and-growth-in-austria-a-rendezvous-with-reality","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/273372\/","title":{"rendered":"Economic Activity and Growth in Austria: A Rendezvous with Reality"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-273372","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Despite the current recession, Austria is still one of the richest countries in the world. However, since 2010, the country has gradually lost ground compared to other countries in terms of real per capita income. For almost 15 years, Austria has had a persistently higher inflation rate than the euro area as a whole and the real value of GDP per capita is growing at a substantially slower rate. The long-effective globalisation dividend is no longer flowing; demographic factors are becoming increasingly important, and competitiveness is being lost. Therefore, Austria urgently needs to tackle structural reforms aimed, among other things, at a better integration of immigrants, a higher labour force participation and an improved education system.","onlinedate":"20241016","lang":"German","publication_series":"","publication_date":"20241016","publication_date_year":"","publication_date_full":true,"publication_num_pages":"","keywords":"[]","jelcodes":"[\"E20\",\"E23\",\"E24\"]","related_publications":"[\"97bd3088-1a45-45d8-9ad5-5a483a7036d9\",\"c4fc86b9-6b50-45c4-b6e8-f42fb680038c\",\"ba3e502d-4adb-4649-a421-b5be5a0f1d6a\",\"c6126048-685b-4788-aa8b-e972dd87e3a4\"]","pdf":273396,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"97","monthly_report_pages":"519-530","monthly_report_pages_sort":"519","issue":"9","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[],"collaboration":"","persons":[4986],"persons_data":"[{\"personId\":4986,\"personName\":\"Gabriel Felbermayr\",\"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\":\"
Felbermayr, G.<\\\/span> (2024). Konjunktur und Wachstum in \u00d6sterreich: Ein Rendezvous mit der Realit\u00e4t<\\\/span>. WIFO-Monatsberichte<\\\/em><\\\/span>, 97<\\\/em>(9), 519-530.<\\\/div>\",\"vancouver\":\"
Felbermayr G<\\\/span>. Konjunktur und Wachstum in \u00d6sterreich: Ein Rendezvous mit der Realit\u00e4t<\\\/span><\\\/span>. WIFO-Monatsberichte<\\\/span>. 2024 Oct 16;97(9):519-530.<\\\/div>\",\"bibtex\":\"
@misc{e99546ffb2dd4c37834b59d4013d358d,<\\\/div>
title = \\\"Konjunktur und Wachstum in {\\\\\\\"O}sterreich: Ein Rendezvous mit der Realit{\\\\\\\"a}t\\\",<\\\/div>
abstract = \\\"Trotz Rezession geh{\\\\\\\"o}rt {\\\\\\\"O}sterreich immer noch zu den reichsten L{\\\\\\\"a}ndern der Welt. Allerdings verliert es hinsichtlich des realen Pro-Kopf-Einkommens seit 2010 im L{\\\\\\\"a}ndervergleich an Boden. {\\\\\\\"O}sterreich verzeichnet seit fast 15 Jahren persistent h{\\\\\\\"o}here Inflationsraten als der Euro-Raum insgesamt und der Realwert des BIP pro Kopf w{\\\\\\\"a}chst deutlich langsamer. Die lange wirksame Globalisierungsdividende flie{\\\\ss}t nicht mehr; demografische Faktoren werden immer wichtiger, Wettbewerbsf{\\\\\\\"a}higkeit geht verloren. {\\\\\\\"O}sterreich muss daher dringend strukturelle Reformen angehen. So gilt es u. a., die Integration von Migrant:innen, die Erwerbsbeteiligung und das Bildungssystem zu verbessern.\\\",<\\\/div>
keywords = \\\"Makro{\\\\\\\"o}konomie, Wirtschaftsentwicklung\\\",<\\\/div>
author = \\\"Gabriel Felbermayr\\\",<\\\/div>
year = \\\"2024\\\",<\\\/div>
month = oct,<\\\/div>
day = \\\"16\\\",<\\\/div>
language = \\\"Deutsch\\\",<\\\/div>
volume = \\\"97\\\",<\\\/div>
pages = \\\"519--530\\\",<\\\/div>
journal = \\\"WIFO-Monatsberichte\\\",<\\\/div>

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TY - GEN<\\\/p>

T1 - Konjunktur und Wachstum in \u00d6sterreich: Ein Rendezvous mit der Realit\u00e4t<\\\/p>

AU - Felbermayr, Gabriel<\\\/p>

PY - 2024\\\/10\\\/16<\\\/p>

Y1 - 2024\\\/10\\\/16<\\\/p>

N2 - Trotz Rezession geh\u00f6rt \u00d6sterreich immer noch zu den reichsten L\u00e4ndern der Welt. Allerdings verliert es hinsichtlich des realen Pro-Kopf-Einkommens seit 2010 im L\u00e4ndervergleich an Boden. \u00d6sterreich verzeichnet seit fast 15 Jahren persistent h\u00f6here Inflationsraten als der Euro-Raum insgesamt und der Realwert des BIP pro Kopf w\u00e4chst deutlich langsamer. Die lange wirksame Globalisierungsdividende flie\u00dft nicht mehr; demografische Faktoren werden immer wichtiger, Wettbewerbsf\u00e4higkeit geht verloren. \u00d6sterreich muss daher dringend strukturelle Reformen angehen. So gilt es u. a., die Integration von Migrant:innen, die Erwerbsbeteiligung und das Bildungssystem zu verbessern.<\\\/p>

AB - Trotz Rezession geh\u00f6rt \u00d6sterreich immer noch zu den reichsten L\u00e4ndern der Welt. Allerdings verliert es hinsichtlich des realen Pro-Kopf-Einkommens seit 2010 im L\u00e4ndervergleich an Boden. \u00d6sterreich verzeichnet seit fast 15 Jahren persistent h\u00f6here Inflationsraten als der Euro-Raum insgesamt und der Realwert des BIP pro Kopf w\u00e4chst deutlich langsamer. Die lange wirksame Globalisierungsdividende flie\u00dft nicht mehr; demografische Faktoren werden immer wichtiger, Wettbewerbsf\u00e4higkeit geht verloren. \u00d6sterreich muss daher dringend strukturelle Reformen angehen. So gilt es u. a., die Integration von Migrant:innen, die Erwerbsbeteiligung und das Bildungssystem zu verbessern.<\\\/p>

KW - Makro\u00f6konomie<\\\/p>

KW - Wirtschaftsentwicklung<\\\/p>

M3 - WIFO-Schriftenreihen<\\\/p>

VL - 97<\\\/p>

SP - 519<\\\/p>

EP - 530<\\\/p>

JO - WIFO-Monatsberichte<\\\/p>

JF - WIFO-Monatsberichte<\\\/p>

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