The world economy has gone through two years of a mixed but relatively strong recovery. In the European Union, however, the rebound was much less pronounced than in the rest of the world. Strong exports to the fast-growing emerging economies lead to a powerful upswing in some countries of the...

The international environment continues to weaken, dampening economic activity in Austria noticeably. Notably the euro crisis has contributed to heightened uncertainty. Economic indicators point to a loss of momentum in the second half of the year. Labour market conditions remain tense.

The export-driven upswing of economic activity in Austria is expected to continue. Nevertheless, the pace of growth will decelerate markedly in the first half of 2011 as global trade and the expansion in Asia, Latin America and the USA lose momentum; in addition, the planned fiscal consolidation...

The cyclical recovery of the Austrian economy continues. Exports and manufacturing benefit from the strengthening of global activity. Yet, the stimulus from abroad is only gradually being transmitted to domestic investment. The rebound of demand and output makes for an improvement on the labour...

Since autumn 2009, the world economy has been recovering from the deep recession thanks to the strong stimulus of expansionary fiscal and monetary policies. This year it will grow by 4 percent in real terms (2009: 1 percent). However, the pace of the recovery differs substantially between...

The Austrian economy grew at a quarter-on-quarter rate of 1.2 percent in real terms in the second quarter. In year-on-year terms, the growth rate was 2.4 percent. The global economic upswing has thus taken full hold also of the Austrian economy. Exports and investment were the main drivers of...

The countries of the Black Sea region, located at the strategic crossroads between Europe, Central Asia and the Middle East, are rapidly gaining in importance, considering their geographic proximity, rich mineral resources and potential as a sales market and labour pool. The article looks into...

World trade expanded strongly in late 2010 and early 2011. The upswing in the world economy is thus continuing. It is driven, above all, by buoyant economic activity in the Asian emerging economies, where exports, investment, and consumer demand are growing vigorously. Economic activity in the...

The cyclical upswing in Austria continues. Driven by the swift expansion of global activity, exports are posting strong gains. Meanwhile, the momentum is being transmitted to private investment which is set to rise substantially over the forecast period. Short-term indicators suggest that the...

The cyclical upswing in Austria continues. Driven by the swift expansion of global activity, exports are posting strong gains. Meanwhile, the momentum is being transmitted to private investment which is set to rise substantially over the forecast period. Short-term indicators suggest that the...