External Demand Unable to Secure Export-Driven Recovery. Economic Outlook for 2014 and 2015

A further slackening of global trade in the last few months is holding back an export-led recovery in the euro area as well as in Austria. Since many countries have not yet digested the repercussions of the financial market crisis, also domestic demand remains feeble, unlike in the USA. In Austria, real GDP is expected to grow by a modest 0.8 percent in the current year, picking up to 1.2 percent in 2015.

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Year of publication:	2014
Authors:	Schiman, Stefan
Published in:	WIFO Monatsberichte (monthly reports). - Österreichisches Institut für Wirtschaftsforschung (WIFO), ISSN 0029-9898. - Vol. 87.2014, 10, p. 659-669
Publisher:	Österreichisches Institut für Wirtschaftsforschung (WIFO)
Subject:	Konjunkturbericht \| Konjunkturprognose
Description of contents:	Abstract [wifo.ac.at]

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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