Austria : 2022 Article IV Consultation-Press Release; Staff Report.

Austria is highly vulnerable to spillovers from the war in Ukraine given its high dependence on energy imports from Russia, deep integration into global value chains, and large banking exposures. After high growth in the first half of 2022, growth is projected to fall sharply through 2023 due to imp...

Fuld beskrivelse

Bibliografiske detaljer
Institution som forfatter: International Monetary Fund. European Dept
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2022.
Serier:IMF Staff Country Reports; Country Report ; No. 2022/284
Fag:
Online adgang:Full text available on IMF
Beskrivelse
Summary:Austria is highly vulnerable to spillovers from the war in Ukraine given its high dependence on energy imports from Russia, deep integration into global value chains, and large banking exposures. After high growth in the first half of 2022, growth is projected to fall sharply through 2023 due to impact of the war and the related energy crisis. Over the medium term, annual growth is projected to stabilize around 13/4 percent. However, output will remain below the pre-crisis trend. Uncertainty is extraordinarily high with significant downside risks.
Emne beskrivelse:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Fysisk beskrivelse:1 online resource (68 pages)
Format:Mode of access: Internet
ISBN:9798400219337
ISSN:1934-7685
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students