{"id":85553,"date":"2024-01-22T09:04:22","date_gmt":"2024-01-22T08:04:22","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/85553\/"},"modified":"2024-11-06T23:54:32","modified_gmt":"2024-11-06T22:54:32","slug":"high-economic-growth-in-1998-but-increasing-risks-in-1999-economic-outlook-for-1998-and-1999-3","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/85553\/","title":{"rendered":"High Economic Growth in 1998, but Increasing Risks in 1999. Economic Outlook for 1998 and 1999"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-85553","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"With a rate of 3.3 percent, economic growth in 1998 will reach the highest value since 1991. This dynamic development is mainly based on a vigorous expansion of exports and investment. The forecast of GDP growth has to be revised downwards for 1999 (+2.8 percent), in line with projections for the global economy. The crisis on the financial markets \u2013 the main risk factor of the forecast \u2013 will dampen economic growth, a revival of domestic demand notwithstanding. The plunge in world commodity prices will depress inflation to a record low of 1 percent. Unemployment is likely to decline only slightly to 4.4 percent, despite strong employment gains.","onlinedate":"1998-10-01 02:00:00","lang":"English","publication_series":"","publication_date":"19981001","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"High Economic Growth in 1998\",\"but Increasing Risks in 1999. Economic Outlook for 1998 and 1999\"]","jelcodes":"[]","related_publications":"[]","pdf":276644,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"3","monthly_report_pages":"167-175","monthly_report_pages_sort":"167","issue":"4","journal":"Austrian Economic Quarterly","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[183747],"research_groups":[3500],"collaboration":"","persons":[3893],"persons_data":"[{\"personId\":3893,\"personName\":\"Ewald Walterskirchen\",\"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>Walterskirchen, E.<\\\/span> (1998). <span>High Economic Growth in 1998, but Increasing Risks in 1999. Economic Outlook for 1998 and 1999<\\\/span>. <span><em>Austrian Economic Quarterly<\\\/em><\\\/span>, <em>3<\\\/em>(4), 167-175. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/576\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/576<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Walterskirchen E<\\\/span>. <span class=\\\"title\\\"><span>High Economic Growth in 1998, but Increasing Risks in 1999. Economic Outlook for 1998 and 1999<\\\/span><\\\/span>. <span>Austrian Economic Quarterly<\\\/span>. 1998 Oct;3(4):167-175.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{22f4f549724a4b279161e3b502925ff7,<\\\/div><div>  title    = \\\"High Economic Growth in 1998, but Increasing Risks in 1999. Economic Outlook for 1998 and 1999\\\",<\\\/div><div>  abstract = \\\"With a rate of 3.3 percent, economic growth in 1998 will reach the highest value since 1991. This dynamic development is mainly based on a vigorous expansion of exports and investment. The forecast of GDP growth has to be revised downwards for 1999 (+2.8 percent), in line with projections for the global economy. The crisis on the financial markets \u2013 the main risk factor of the forecast \u2013 will dampen economic growth, a revival of domestic demand notwithstanding. The plunge in world commodity prices will depress inflation to a record low of 1 percent. Unemployment is likely to decline only slightly to 4.4 percent, despite strong employment gains.\\\",<\\\/div><div>  keywords = \\\"High Economic Growth in 1998, but Increasing Risks in 1999. Economic Outlook for 1998 and 1999, High Economic Growth in 1998, but Increasing Risks in 1999. Economic Outlook for 1998 and 1999\\\",<\\\/div><div>  author   = \\\"Ewald Walterskirchen\\\",<\\\/div><div>  note     = \\\"Outlook\\\",<\\\/div><div>  year     = \\\"1998\\\",<\\\/div><div>  month    = oct,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"3\\\",<\\\/div><div>  pages    = \\\"167--175\\\",<\\\/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  - High Economic Growth in 1998, but Increasing Risks in 1999. Economic Outlook for 1998 and 1999<\\\/p><p>AU  - Walterskirchen, Ewald<\\\/p><p>N1  - Outlook<\\\/p><p>PY  - 1998\\\/10<\\\/p><p>Y1  - 1998\\\/10<\\\/p><p>N2  - With a rate of 3.3 percent, economic growth in 1998 will reach the highest value since 1991. This dynamic development is mainly based on a vigorous expansion of exports and investment. The forecast of GDP growth has to be revised downwards for 1999 (+2.8 percent), in line with projections for the global economy. The crisis on the financial markets \u2013 the main risk factor of the forecast \u2013 will dampen economic growth, a revival of domestic demand notwithstanding. The plunge in world commodity prices will depress inflation to a record low of 1 percent. Unemployment is likely to decline only slightly to 4.4 percent, despite strong employment gains.<\\\/p><p>AB  - With a rate of 3.3 percent, economic growth in 1998 will reach the highest value since 1991. This dynamic development is mainly based on a vigorous expansion of exports and investment. The forecast of GDP growth has to be revised downwards for 1999 (+2.8 percent), in line with projections for the global economy. The crisis on the financial markets \u2013 the main risk factor of the forecast \u2013 will dampen economic growth, a revival of domestic demand notwithstanding. The plunge in world commodity prices will depress inflation to a record low of 1 percent. Unemployment is likely to decline only slightly to 4.4 percent, despite strong employment gains.<\\\/p><p>KW  - High Economic Growth in 1998<\\\/p><p>KW  - but Increasing Risks in 1999. Economic Outlook for 1998 and 1999<\\\/p><p>KW  - High Economic Growth in 1998<\\\/p><p>KW  - but Increasing Risks in 1999. Economic Outlook for 1998 and 1999<\\\/p><p>M3  - WIFO series<\\\/p><p>VL  - 3<\\\/p><p>SP  - 167<\\\/p><p>EP  - 175<\\\/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>High Economic Growth in 1998, but Increasing Risks in 1999. 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