{
  "title": "Austria: Staff Report for the 2002 Article IV Consultation",
  "publication": "IMF Staff Country Reports, August 14, 2002",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/austria-staff-report-for-the-2002-article-iv-consultation-16029",
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  "summary": "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.",
  "sections": [
    {
      "heading": "Economic outlook and growth projections",
      "content": "- 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.\n- Real GDP growth is projected to average 1 percent in 2002.\n- Recovery in investor confidence and strong competitiveness are cited as supporting factors for the projected growth."
    },
    {
      "heading": "Labor market",
      "content": "- Despite the recent increase, the unemployment rate remains one of the lowest in Europe at about 4 percent."
    },
    {
      "heading": "Fiscal policy and government stance",
      "content": "- The government intends to stick to its fiscal adjustment plan in 2002.\n\n---\n\n Content in this bundle\n\n- IMF Concludes 2002 Article IV Consultation with Austria\n  - IMF Concludes 2002 Article IV Consultation with Austria (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - IMF Concludes 2002 Article IV Consultation with Austria (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: August 14, 2002",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451802337.002",
    "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.",
    "Recovery in investor confidence and strong competitiveness are cited as supporting factors for the projected growth.",
    "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.",
    "**IMF Concludes 2002 Article IV Consultation with Austria**"
  ],
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