Reports
Economic Outlook for Austria from 2002 to 2004 (Fall 2002)
Money and Credit in the First Three Quarters of 2002
Balance of Payments in the First Half of 2002
Austrian Outward and Inward Direct Investment − Results of the 2000 Survey and Development of Selected Indicators
Austria’s Portfolio Investment Position − The Globalization of Securities Investment and its Impact on Austria
Austria’s Financial Accounts: Financial Investment and Financing Transactions of the Sectors of the Austrian Economy − Results for 2001
Studies
Distinguishing Current Account Transactions from Financial Flows −
An Analysis of Austria’s Current and Financial Transactions with Countries and Regions
This study investigates the potential link between goods and services transactions and financial transactions at a regional level. As expected, it shows that current account deficits are not offset by capital inflows from the same region. The liberalization of capital markets has made it possible to receive and distribute funds from and to all regions of the world. This contribution shows that over the entire observation period, this type of interrelation has only existed for Austria and the Central and Eastern European countries. Since 1995, the current account has recorded a surplus for this region, while the financial account has registered an outflow of funds.