A stronger international competitive position and brisk domestic demand will have a positive impact on the Austrian economy in the next years. Assuming that the international financial crisis will be temporary in its detrimental effect and that the public budget consolidation policy will...

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...

In 1991, the deficit in the foreign trade balance cumulated to AS 114.3 billion, 23.2 billion more than in 1990. In view of the strong growth of economic activity recorded this development is, by itself, not a matter of concern. The ratio of the trade deficit to GDP rose by 0.9 percentage points...

Favoured by Germany's economic unification and the creation of the internal market in the EC, economic activity in Austria is likely to grow at an annual rate of 3.2 percent from 1991 to 1995, with the current account more or less balanced. Substantial immigration into Austria will boost the...

In January 1995 the Austrian Institute of Economic Research carried out a preliminary assessment of the consolidation measures as provided in the Working Agreement between the two coalition parties ("austerity package"). In the meantime, several items contained in this package have been changed,...