Title
Migration and Labour Integration in Austria. SOPEMI Report on Labour Migration Austria 2011‐12
Subtitle (en)
Report of the Austrian SOPEMI correspondent to the OECD
Language
English
Description (en)
After the severe slump in economic development in 2009, the Austrian economy picked up in 2010 with a real growth rate of 2.1% and expanded in 2011 by 2.7% versus a year ago. Austria profited from the positive economic growth position of Germany (+3.0%) and major trading partners in Central and Eastern European countries. The Austrian growth rate was clearly better than in the EU 27 (+1.5 percent) and the euroarea (1.5 percent). A differentiation of core-periphery economic growth in Europe developed in 2010 and became even more prominent in 2011. Fiscal problems and the debt crisis resulted in an opening of the economic growth gap relative to the Southern European countries, affecting Austria to some extent as Italy is a major trading partner. But a comparatively strong economic growth performance of the Eastern European EU-MS and the important trade linkages with them as well as the Near and Far East stabilised Austrian economic growth. In the course of 2011 economic growth in Austria slowed down, however, and the downward slide continued in 2012, together with its major trading partners; accordingly, it is expected that economic growth will not rise beyond 0.6% in 2012. In Austria in 2011, economic growth was driven by rising exports of goods as well as domestic demand. The value of exports increased by 7.5% in real terms, after 12.8% in 2010. A further slowdown to 3.5% is expected in 2012.
Keywords (en)
migration
ISBN
978‐3‐902505‐52‐1
Author of the digital object
Gudrun  Biffl  (Donau-Universität Krems)
01.12.2012
Format
application/pdf
Size
1.4 MB
Licence Selected
CC BY-NC-ND 4.0 International
Type of publication
Report
Organization Association
Publisher
Edition Donau‐Universität Krems
Citable links

Persistent identifier
https://door.donau-uni.ac.at/o:135

Content
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Object type
PDFDocument
Format
application/pdf
Created
17.11.2018 09:10:16
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