In 1997–2002, Austrian GDP will grow by 2¾ percent p.a. on average in real terms. Supported by the strong competitive position of Austria's external sector, exports will continue their dynamic growth and the net exports are expected to furnish a positive contribution to GDP. Domestic demand...

Through simulations using the WIFO macro model it is possible to estimate the effect of changes in trade policy – i.e., of East European opening up and of EU eastward enlargement – on the Austrian economy: although competitive pressure has considerably increased in some economic sectors...

After a two year slump, Austria's economy is expected to recover in 1998. Over the whole forecast period 1995-2000 the economy will grow by 1.8 percent per year, a rate slightlyless than the rate forecast for the entire EU (2.1 percent). According to the forecast, net government borrowing is...

The Agenda 2000 of the European Commission and the state of play in negotiations imply that the current candidate countries are going to join the Union in two consecutive groups. This is why simulations for the 2002 to 2010 period, using WIFO's macroeconometric model, assume that the first group...

Measured on average for the period 1997-2001, real GDP will increase at a rate of 2.4 percent per year, 1 percentage point more than for the preceding five-year period. While exports are currently the driving force behind economic growth, additional stimulus should come from investment in the...