{"id":85585,"date":"2024-01-22T09:04:35","date_gmt":"2024-01-22T08:04:35","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/85585\/"},"modified":"2024-11-06T23:54:49","modified_gmt":"2024-11-06T22:54:49","slug":"wachstumsabschwaechung-stellt-internationale-wirtschaftspolitik-vor-neue-herausforderungen-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/85585\/","title":{"rendered":"International Slowdown Poses New Challenges to Economic Policymakers"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-85585","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The economic crisis in Asia has resulted in a markedly more severed recession in those countries most affected than had been expected in the spring of 1998. Japan slid into a state of deflation and is engulfed in the deepest recession in the post-war period (1998 real GDP \u20132.5 percent); this development is the result of its close trade links to Asia and the weakness of its domestic demand, which suffers from the pessimism prevalent among households and investors.","onlinedate":"1998-12-01 01:00:00","lang":"German","publication_series":"","publication_date":"19981201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Wachstumsabschw\u00e4chung stellt internationale Wirtschaftspolitik vor neue Herausforderungen; International Slowdown Poses New Challenges to Economic Policymakers\"]","jelcodes":"[]","related_publications":"[]","pdf":276674,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"71","monthly_report_pages":"821-830","monthly_report_pages_sort":"821","issue":"12","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3500],"collaboration":"","persons":[4043],"persons_data":"[{\"personId\":4043,\"personName\":\"Markus Marterbauer\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","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 v26.5 (Yoast SEO v26.5) - 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