{"id":50773,"date":"2023-12-01T17:29:30","date_gmt":"2023-12-01T16:29:30","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/strong-stimulus-from-world-trade-fuelling-economic-activity-in-austria-economic-outlook-for-2017-and-2018\/"},"modified":"2024-11-07T05:46:41","modified_gmt":"2024-11-07T04:46:41","slug":"strong-stimulus-from-world-trade-fuelling-economic-activity-in-austria-economic-outlook-for-2017-and-2018","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/50773\/","title":{"rendered":"Strong Stimulus from World Trade Fuelling Economic Activity in Austria. Economic Outlook for 2017 and 2018"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-50773","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The acceleration of world trade growth originating from East Asia has reached Austria in 2017. In addition, exports benefitted from clearing the investment backlog in East-Central Europe. While the external stimulus may ease somewhat in 2018, private consumption will continue to provide firm support to business activity. In spite of GDP growth projected at a solid 2.4 percent in 2017 (+2.6 percent when adjusted for calendar effects) and 2.0 percent in 2018, unemployment will likely remain rather high, as many vacancies are not filled by domestic jobseekers. The general government deficit narrows markedly in the current year, even if the fiscal stance on the revenue side remains expansionary.","onlinedate":"2017-07-14 12:00:00","lang":"English","publication_series":"","publication_date":"20170701","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Business Cycle\",\"Economic Outlook\",\"Forecast\"]","jelcodes":"[]","related_publications":"[]","pdf":369178,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"22","monthly_report_pages":"82-94","monthly_report_pages_sort":"82","issue":"9","journal":"WIFO Bulletin","publisher":"","invisible":false,"external":false,"embargo_date":"2017-07-14 12:00:00","types":[50590],"research_groups":[3500],"collaboration":"","persons":[3865],"persons_data":"[{\"personId\":3865,\"personName\":\"Stefan Schiman\",\"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>Schiman, S.<\\\/span> (2017). <span>Strong Stimulus from World Trade Fuelling Economic Activity in Austria. Economic Outlook for 2017 and 2018<\\\/span>. <span><em>WIFO Bulletin<\\\/em><\\\/span>, <em>22<\\\/em>(9), 82-94. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/60537\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/60537<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Schiman S<\\\/span>. <span class=\\\"title\\\"><span>Strong Stimulus from World Trade Fuelling Economic Activity in Austria. Economic Outlook for 2017 and 2018<\\\/span><\\\/span>. <span>WIFO Bulletin<\\\/span>. 2017 Jul;22(9):82-94.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{e2f78501596346539a16e3a2776aebb9,<\\\/div><div>  title    = \\\"Strong Stimulus from World Trade Fuelling Economic Activity in Austria. Economic Outlook for 2017 and 2018\\\",<\\\/div><div>  abstract = \\\"The acceleration of world trade growth originating from East Asia has reached Austria in 2017. In addition, exports benefitted from clearing the investment backlog in East-Central Europe. While the external stimulus may ease somewhat in 2018, private consumption will continue to provide firm support to business activity. In spite of GDP growth projected at a solid 2.4 percent in 2017 (+2.6 percent when adjusted for calendar effects) and 2.0 percent in 2018, unemployment will likely remain rather high, as many vacancies are not filled by domestic jobseekers. The general government deficit narrows markedly in the current year, even if the fiscal stance on the revenue side remains expansionary.\\\",<\\\/div><div>  keywords = \\\"Business Cycle, Economic Outlook, Forecast, Business Cycle, Economic Outlook, Forecast\\\",<\\\/div><div>  author   = \\\"Stefan Schiman\\\",<\\\/div><div>  note     = \\\"Economic Outlook June 2017\\\",<\\\/div><div>  year     = \\\"2017\\\",<\\\/div><div>  month    = jul,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"22\\\",<\\\/div><div>  pages    = \\\"82--94\\\",<\\\/div><div>  journal  = \\\"WIFO Bulletin\\\",<\\\/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  - Strong Stimulus from World Trade Fuelling Economic Activity in Austria. Economic Outlook for 2017 and 2018<\\\/p><p>AU  - Schiman, Stefan<\\\/p><p>N1  - Economic Outlook June 2017<\\\/p><p>PY  - 2017\\\/7<\\\/p><p>Y1  - 2017\\\/7<\\\/p><p>N2  - The acceleration of world trade growth originating from East Asia has reached Austria in 2017. In addition, exports benefitted from clearing the investment backlog in East-Central Europe. While the external stimulus may ease somewhat in 2018, private consumption will continue to provide firm support to business activity. In spite of GDP growth projected at a solid 2.4 percent in 2017 (+2.6 percent when adjusted for calendar effects) and 2.0 percent in 2018, unemployment will likely remain rather high, as many vacancies are not filled by domestic jobseekers. The general government deficit narrows markedly in the current year, even if the fiscal stance on the revenue side remains expansionary.<\\\/p><p>AB  - The acceleration of world trade growth originating from East Asia has reached Austria in 2017. In addition, exports benefitted from clearing the investment backlog in East-Central Europe. While the external stimulus may ease somewhat in 2018, private consumption will continue to provide firm support to business activity. In spite of GDP growth projected at a solid 2.4 percent in 2017 (+2.6 percent when adjusted for calendar effects) and 2.0 percent in 2018, unemployment will likely remain rather high, as many vacancies are not filled by domestic jobseekers. 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