{"id":88526,"date":"2024-01-22T09:28:07","date_gmt":"2024-01-22T08:28:07","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/88526\/"},"modified":"2024-11-07T00:26:10","modified_gmt":"2024-11-06T23:26:10","slug":"unsicherheit-ueber-das-ende-der-weltrezession","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/88526\/","title":{"rendered":"Uncertainty About the End of the International Recession"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-88526","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The cyclical downturn of the world economy has been sharper than expected. After the timely end of the Gulf war confidence and final demand have not strengthened enough as to stop the cumulative decline. A number of countries (e. g., U. S., U. K., Finland, Sweden) are currently in deep recession, in others special stimulating factors (effect of German unification) are becoming weaker. Forecasts for OECD area GDP in 1991 have to be revised downwards by 1 percentage point, those for inflation even by 1\u00bd percentage points. A likely GDP growth rate of 1 percent in 1991 should mark the cyclical trough for the OECD area. The rebound of activity expected for the second half of the year should gain momentum in 1992.","onlinedate":"1991-06-01 02:00:00","lang":"German","publication_series":"","publication_date":"19910601","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":279602,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"64","monthly_report_pages":"319-329","monthly_report_pages_sort":"319","issue":"6","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3500],"collaboration":"","persons":[3917],"persons_data":"[{\"personId\":3917,\"personName\":\"Fritz Breuss\",\"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 v27.3 (Yoast SEO v27.3) - 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