{"id":83999,"date":"2024-01-22T08:52:32","date_gmt":"2024-01-22T07:52:32","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/83999\/"},"modified":"2026-02-17T15:58:12","modified_gmt":"2026-02-17T14:58:12","slug":"business-scenario-shaped-by-europe-wide-fiscal-retrenchment-economic-outlook-for-1996-and-1997","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/83999\/","title":{"rendered":"Business Scenario Shaped by Europe-Wide Fiscal Retrenchment. Economic Outlook for 1996 and 1997"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-83999","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Weaker demand stimulus from abroad and fiscal retrenchment to lower government deficits will dampen economic activity in Austria in 1996 and 1997. Projected GDP growth of 1.6 and 1.2 percent, respectively, falls clearly below the medium-term trend. Employment opportunities are diminishing, not only in manufacturing but also in service branches. The current account deficit, however, is set to fall from its 1995 peak and inflation will further abate.","onlinedate":"1996-02-01 01:00:00","lang":"English","publication_series":"","publication_date":"19960201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Business Scenario Shaped by Europe-Wide Fiscal Retrenchment. Economic Outlook for 1996 and 1997\"]","jelcodes":"[]","related_publications":"[]","pdf":null,"zip":null,"link":"https:\/\/www.wifo.ac.at\/wwa\/pubid\/289","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"1","monthly_report_pages":"5-11","monthly_report_pages_sort":"5","issue":"1","journal":"Austrian Economic Quarterly","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[183747],"research_groups":[3500],"collaboration":"","persons":[4055],"persons_data":"[{\"personId\":4055,\"personName\":\"Georg M. Busch\",\"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>Busch, G. M.<\\\/span> (1996). <span>Business Scenario Shaped by Europe-Wide Fiscal Retrenchment. Economic Outlook for 1996 and 1997<\\\/span>. <span><em>Austrian Economic Quarterly<\\\/em><\\\/span>, <em>1<\\\/em>(1), 5-11. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/289\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/289<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Busch GM<\\\/span>. <span class=\\\"title\\\"><span>Business Scenario Shaped by Europe-Wide Fiscal Retrenchment. Economic Outlook for 1996 and 1997<\\\/span><\\\/span>. <span>Austrian Economic Quarterly<\\\/span>. 1996 Feb;1(1):5-11.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{c570dec5b0f64cda99730799c2947b87,<\\\/div><div>  title    = \\\"Business Scenario Shaped by Europe-Wide Fiscal Retrenchment. Economic Outlook for 1996 and 1997\\\",<\\\/div><div>  abstract = \\\"Weaker demand stimulus from abroad and fiscal retrenchment to lower government deficits will dampen economic activity in Austria in 1996 and 1997. Projected GDP growth of 1.6 and 1.2 percent, respectively, falls clearly below the medium-term trend. Employment opportunities are diminishing, not only in manufacturing but also in service branches. The current account deficit, however, is set to fall from its 1995 peak and inflation will further abate.\\\",<\\\/div><div>  keywords = \\\"Business Scenario Shaped by Europe-Wide Fiscal Retrenchment. Economic Outlook for 1996 and 1997, Business Scenario Shaped by Europe-Wide Fiscal Retrenchment. Economic Outlook for 1996 and 1997\\\",<\\\/div><div>  author   = \\\"Busch, \\\\{Georg M.\\\\}\\\",<\\\/div><div>  year     = \\\"1996\\\",<\\\/div><div>  month    = feb,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"1\\\",<\\\/div><div>  pages    = \\\"5--11\\\",<\\\/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  - Business Scenario Shaped by Europe-Wide Fiscal Retrenchment. Economic Outlook for 1996 and 1997<\\\/p><p>AU  - Busch, Georg M.<\\\/p><p>PY  - 1996\\\/2<\\\/p><p>Y1  - 1996\\\/2<\\\/p><p>N2  - Weaker demand stimulus from abroad and fiscal retrenchment to lower government deficits will dampen economic activity in Austria in 1996 and 1997. Projected GDP growth of 1.6 and 1.2 percent, respectively, falls clearly below the medium-term trend. Employment opportunities are diminishing, not only in manufacturing but also in service branches. The current account deficit, however, is set to fall from its 1995 peak and inflation will further abate.<\\\/p><p>AB  - Weaker demand stimulus from abroad and fiscal retrenchment to lower government deficits will dampen economic activity in Austria in 1996 and 1997. Projected GDP growth of 1.6 and 1.2 percent, respectively, falls clearly below the medium-term trend. Employment opportunities are diminishing, not only in manufacturing but also in service branches. The current account deficit, however, is set to fall from its 1995 peak and inflation will further abate.<\\\/p><p>KW  - Business Scenario Shaped by Europe-Wide Fiscal Retrenchment. Economic Outlook for 1996 and 1997<\\\/p><p>KW  - Business Scenario Shaped by Europe-Wide Fiscal Retrenchment. Economic Outlook for 1996 and 1997<\\\/p><p>M3  - WIFO series<\\\/p><p>VL  - 1<\\\/p><p>SP  - 5<\\\/p><p>EP  - 11<\\\/p><p>JO  - Austrian Economic Quarterly<\\\/p><p>JF  - Austrian Economic Quarterly<\\\/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>Business Scenario Shaped by Europe-Wide Fiscal Retrenchment. 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