National development in Austria between the years 1990 and 2005

An in-depth analysis of the national development under a particular consideration of Austria’s comparative advantage

Essai , 2006 , 15 Pages , Note: 2,3

Economie politique - Finances

The following essay presents an overview of the national development in Austria between the years 1990 and 2005 with a special emphasis of the last five years. Concerning the wideness of the topic, this essay only deals just with selected points.

1. Basic data′s about Austria
2. Austrian′s comparative advantage
3. Foreign trade
4. Direct and portfolio investments
5. Advantages and disadvantages as a result of foreign trade

According to the importance of exports and imports of goods, services, capital and know-how - especially for a small and open national economy like Austria - this essay will implicitly point out Austrian′s comparative advantage, including the mentioned points on top (three till five).The very fact that every third job is dependent of Austrians export makes the relevance of Austria′s comparative advantage in this context clear.

Inhaltsverzeichnis (Table of Contents)

• Executive Summary
• 1) Austria - some basics
• 2) Austria's comparative Advantage
• 3) Foreign Trade
• 4) Direct and Portfolio Investment
• Direct investments in international comparison
• 5) Advantages and disadvantages as a result of foreign trade – under consideration of the regional trade agreement EU
• 6) List of literature

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This essay aims to provide an overview of Austria's national development between 1990 and 2005, focusing on the last five years. Due to the wide scope of the topic, this essay only addresses select aspects of Austrian economic development.

• Austria's comparative advantage
• Foreign trade dynamics
• Direct and portfolio investments
• The impact of foreign trade on Austria's economy
• The role of the European Union in Austrian trade

Zusammenfassung der Kapitel (Chapter Summaries)

• The first chapter provides basic data on Austria, including population figures and GDP growth trends. It also highlights the importance of exports and imports for the Austrian economy.
• The second chapter defines comparative advantage and explores how it applies to Austria. It analyzes the tourism sector as a key area of Austria's comparative advantage.
• The third chapter analyzes Austria's foreign trade performance, focusing on exports and imports of goods and services.
• The fourth chapter examines direct and portfolio investments in Austria. It highlights the role of foreign direct investment in the Austrian economy.
• The fifth chapter explores the advantages and disadvantages of foreign trade for Austria, considering the impact of the European Union's regional trade agreement.

Schlüsselwörter (Keywords)

Key terms and concepts explored in this essay include national development, comparative advantage, foreign trade, direct investment, portfolio investment, European Union, regional trade agreement, and the Austrian economy.

• Université: University of Applied Sciences Fulda
• Cours: Finance and International Economic Policy
• Note: 2,3
• Auteur: Robert Tönnis (Auteur)
• Année de publication: 2006
• Pages: 15
• N° de catalogue: V67135
• ISBN (ebook): 9783638593700
• ISBN (Livre): 9783638775915
• Langue: anglais
• mots-clé: National, Austria, Finance, International, Economic, Policy