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Austria Well Positioned in Global Economic Integration
Politics ♦
Published: October 3, 2013; 11:43 ♦ (Vindobona)
According to a recent study by the Vienna Institute for Economic Studies (wiiw), Austria is well positioned in the global production and economic integration.
Austria Well Positioned in Global Economic Integration / Picture: © Wikimedia Commons / NOAA [Public Domain]
The number of employments in Austria, which are dependent on exports, has increased by 50 percent in the years between 1995 and 2009 to a total of 1.27 million. The reason for this development is, apart from the general economic growth, a stronger international orientation of the domestic economy. The Austrian added value in exports, which is crucial for the domestic employment,…
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