Austria: Staff Report for the 2002 Article IV Consultation
August 14, 2002
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This 2002 Article IV Consultation highlights that after decelerating sharply in 2001, economic growth in Austria is projected to strengthen gradually during 2002, parallel to the expected improvement in the global economic climate. Real GDP growth is projected to average 1 percent in 2002, supported by a recovery in investor confidence and strong competitiveness. Despite the recent increase, the unemployment rate remains one of the lowest in Europe at about 4 percent. The government intends to stick to its fiscal adjustment plan in 2002.
Subject: Economic sectors, Expenditure, Financial sector, Fiscal policy, Fiscal stance, Labor, Labor markets
Keywords: Austria, authority, Central and Eastern Europe, competition authority, CR, Eastern Europe, economic policy, Europe, Financial sector, Fiscal stance, Global, government, government balance, ISCR, Labor markets, policy goal, privatization program, staffs assessment, state's role
Pages:
34
Volume:
2002
DOI:
Issue:
184
Series:
Country Report No. 2002/184
Stock No:
1AUTEA0022002
ISBN:
9781451802337
ISSN:
1934-7685
