- Austria: Stabilising policies
Owing to the global crisis, Austria has entered the most severe recession in decades. GDP is set to contract in 2009, resulting in an increase in unemployment and low inflation. The unemployment rate increased to 4.2% in April 2009, from 3.7% a year before.
(135 words) - Austria: Contracting in 2009
Largely as a result of a worsening external environment, growth has declined and the economy is set to contract in 2009 before recovering in 2010. Headline inflation is projected to ease as energy and food prices fall, economic slack increases and import prices decelerate.
(112 words) - New ambassadors
4 March -
Norio Hattori is the new OECD ambassador for Japan. He succeeds Shinichi Kitajima.
4 March -
Wolfgang Petritsch takes up his post as new ambassador for Austria succeeding Ulrich Stacher.(36 words) - Austria: Slower growth
A slowdown in net exports and investment is expected to result in GDP growth decelerating from almost 3.5% in 2007 to about 2.5% in 2008 and 2009. Headline inflation is projected to temporarily move above 2% in the short term on account of rising oil and food prices.
(132 words)
What do you think will be the biggest policy challenge in 2010?
- Ireland’s economic outlook
- Transfer pricing: A challenge for developing count...
- Tax for development
- Free zones: Benefits and costs
- Towards a new reserve currency system?
- Climate change: the biggest threat to economic rec...
- Jobs crisis
- Financing SMEs
- Women at work
- Climate change: The case for nuclear energy





