WIFO Reports on Austria

Die WIFO Reports on Austria sind englischsprachige Kurzanalysen zu ökonomischen Entwicklungen in Österreich. Es werden regelmäßig Beiträge zu den Themen Konjunktur, Wettbewerbsfähigkeit, Makroökonomie, Arbeitsmarkt, Digitalisierung, Cash-Flow und Lohnstückkosten veröffentlicht, die die wesentlichen Entwicklungen in diesen Bereichen in Österreich zusammenfassen.

Die Artikel der Vorgänger "WIFO Bulletin" und "Austrian Economic Quarterly" finden Sie hier: WIFO Bulletin, Austrian Economic Quarterly  

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In the last quarter the economic assessments by Austrian companies were determined by the second wave of the COVID-19 pandemic. In January, the economic indices were positive only in the construction industry. The WIFO-Konjunkturampel (economic traffic light) confirms this picture, showing yellow and indicating an interruption of the recovery process from summer. Accordingly, uncertainty remains high in all sectors. There are differences in the development of a capacity utilisation rates across sectors, but it remained low except for the construction industry. Companies named "insufficient demand" followed by "other obstacles" as the most important obstacles to economic activity.
WIFO Reports on Austria, 2021, (3), 13 Seiten
Studie von: Österreichisches Institut für Wirtschaftsforschung
Online seit: 29.01.2021 0:00
The new WIFO radar of competitiveness measures the performance of Austria using 24 selected indicators in four dimensions related to economic, social and ecological goals. STable values in the top third are recorded for real per-capita income and foreign trade. In the dimensions of "labour market and social living conditions" and "use of natural resources", Austria is also above the European average, but does not rise beyond a medium position. After moderate but persistent losses of position in the past years, on average across all indicators Austria ranks slightly behind the best third of European countries.
WIFO Reports on Austria, 2021, (2), 14 Seiten
Studie von: Österreichisches Institut für Wirtschaftsforschung
Online seit: 29.01.2021 0:00
In the summer of 2020, economic recovery in Austria was extraordinarily strong, even by international standards. The second lockdown depresses economic activity again in 2020, but – since industry is less affected – by less than the first. Overall, real GDP fell by 7.3 percent in 2020 and unemployment rose by one-third despite the use of COVID-19 short-time work. Without a further lockdown ("no policy change"), GDP is expected to grow by 4.5 percent in 2021; and by 2.5 percent with a third lockdown. Upcoming winter tourism in particular will be severely curtailed due to the ongoing travel warnings, or even fully cancelled. Only in the warmer season and with the vaccination coverage of the population can social and economic activities return to normal. In any case, unemployment will remain above the pre-crisis level in 2022.
WIFO Reports on Austria, 2021, (1), 21 Seiten
Studie von: Österreichisches Institut für Wirtschaftsforschung
Online seit: 29.01.2021 0:00
Austrian economic policy in 2020 was largely dominated by the fight against the COVID-19 pandemic. As a result, the implementation of the new government programme presented at the beginning of the year took a back seat, as did the solution of a number of structural problems facing the Austrian economy. This article summarises the main lines of economic development in 2020, focuses on the government's main economic policy measures and discusses the issues and necessary reform steps to be taken in 2021, such as climate policy or the long-term consolidation of public budgets. The references refer to in-depth WIFO research on the respective topics.

Ihre Ansprechpersonen

 

Mag. Dr. Andreas Reinstaller

Funktion: Ökonom (Senior Economist), Schriftleiter WIFO-Monatsberichte und WIFO Bulletin

Tamara Fellinger

Tätigkeitsbereiche: Redaktion, Website, Publikationen, Abonnentenbetreuung

Tatjana Weber

Tätigkeitsbereiche: Redaktion, Website, Publikationen, Abonnentenbetreuung