{"id":84081,"date":"2024-01-22T08:53:11","date_gmt":"2024-01-22T07:53:11","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/84081\/"},"modified":"2026-02-17T15:58:31","modified_gmt":"2026-02-17T14:58:31","slug":"medium-term-forecasts-for-the-austrian-economy-until-2000-budget-consolidation-in-anticipation-of-the-economic-and-monetary-union","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/84081\/","title":{"rendered":"Medium-term Forecasts for the Austrian Economy until 2000. Budget Consolidation in Anticipation of the Economic and Monetary Union"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-84081","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"After a two year slump, Austria's economy is expected to recover in 1998. Over the whole forecast period 1995-2000 the economy will grow by 1.8 percent per year, a rate slightlyless than the rate forecast for the entire EU (2.1 percent). According to the forecast, net government borrowing is likely to fall to 3 percent of GDP by 1997, allowing Austria to meet the convergence criteria for participation in the monetary union of the EU. The pick-up in economic activity and a continuation of fiscal discipline might even reduce the net deficit rate to 2 percent by the year 2000.","onlinedate":"1996-05-01 02:00:00","lang":"English","publication_series":"","publication_date":"19960501","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Medium-term Forecasts for the Austrian Economy until 2000. Budget Consolidation in Anticipation of the Economic and Monetary Union\"]","jelcodes":"[]","related_publications":"[]","pdf":null,"zip":null,"link":"https:\/\/www.wifo.ac.at\/wwa\/pubid\/310","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"1","monthly_report_pages":"73-79","monthly_report_pages_sort":"73","issue":"2","journal":"Austrian Economic Quarterly","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[183747],"research_groups":[3500,3491],"collaboration":"","persons":[3971],"persons_data":"[{\"personId\":3971,\"personName\":\"Fritz Schebeck\",\"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>Schebeck, F.<\\\/span> (1996). <span>Medium-term Forecasts for the Austrian Economy until 2000. Budget Consolidation in Anticipation of the Economic and Monetary Union<\\\/span>. <span><em>Austrian Economic Quarterly<\\\/em><\\\/span>, <em>1<\\\/em>(2), 73-79. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/310\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/310<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Schebeck F<\\\/span>. <span class=\\\"title\\\"><span>Medium-term Forecasts for the Austrian Economy until 2000. Budget Consolidation in Anticipation of the Economic and Monetary Union<\\\/span><\\\/span>. <span>Austrian Economic Quarterly<\\\/span>. 1996 May;1(2):73-79.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{74b232db5728465789eb8cfdea20973b,<\\\/div><div>  title    = \\\"Medium-term Forecasts for the Austrian Economy until 2000. Budget Consolidation in Anticipation of the Economic and Monetary Union\\\",<\\\/div><div>  abstract = \\\"After a two year slump, Austria's economy is expected to recover in 1998. Over the whole forecast period 1995-2000 the economy will grow by 1.8 percent per year, a rate slightlyless than the rate forecast for the entire EU (2.1 percent). According to the forecast, net government borrowing is likely to fall to 3 percent of GDP by 1997, allowing Austria to meet the convergence criteria for participation in the monetary union of the EU. The pick-up in economic activity and a continuation of fiscal discipline might even reduce the net deficit rate to 2 percent by the year 2000.\\\",<\\\/div><div>  keywords = \\\"Medium-term Forecasts for the Austrian Economy until 2000. Budget Consolidation in Anticipation of the Economic and Monetary Union, Medium-term Forecasts for the Austrian Economy until 2000. Budget Consolidation in Anticipation of the Economic and Monetary Union\\\",<\\\/div><div>  author   = \\\"Fritz Schebeck\\\",<\\\/div><div>  year     = \\\"1996\\\",<\\\/div><div>  month    = may,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"1\\\",<\\\/div><div>  pages    = \\\"73--79\\\",<\\\/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  - Medium-term Forecasts for the Austrian Economy until 2000. Budget Consolidation in Anticipation of the Economic and Monetary Union<\\\/p><p>AU  - Schebeck, Fritz<\\\/p><p>PY  - 1996\\\/5<\\\/p><p>Y1  - 1996\\\/5<\\\/p><p>N2  - After a two year slump, Austria's economy is expected to recover in 1998. Over the whole forecast period 1995-2000 the economy will grow by 1.8 percent per year, a rate slightlyless than the rate forecast for the entire EU (2.1 percent). According to the forecast, net government borrowing is likely to fall to 3 percent of GDP by 1997, allowing Austria to meet the convergence criteria for participation in the monetary union of the EU. The pick-up in economic activity and a continuation of fiscal discipline might even reduce the net deficit rate to 2 percent by the year 2000.<\\\/p><p>AB  - After a two year slump, Austria's economy is expected to recover in 1998. Over the whole forecast period 1995-2000 the economy will grow by 1.8 percent per year, a rate slightlyless than the rate forecast for the entire EU (2.1 percent). According to the forecast, net government borrowing is likely to fall to 3 percent of GDP by 1997, allowing Austria to meet the convergence criteria for participation in the monetary union of the EU. The pick-up in economic activity and a continuation of fiscal discipline might even reduce the net deficit rate to 2 percent by the year 2000.<\\\/p><p>KW  - Medium-term Forecasts for the Austrian Economy until 2000. Budget Consolidation in Anticipation of the Economic and Monetary Union<\\\/p><p>KW  - Medium-term Forecasts for the Austrian Economy until 2000. Budget Consolidation in Anticipation of the Economic and Monetary Union<\\\/p><p>M3  - WIFO series<\\\/p><p>VL  - 1<\\\/p><p>SP  - 73<\\\/p><p>EP  - 79<\\\/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>Medium-term Forecasts for the Austrian Economy until 2000. 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