News How long this crisis will last? The Austria Manager...

How long this crisis will last? The Austria Manager say

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How long it will take until the economy returns to pre-crisis levels? This question, a Team led by Professor Jonas Puck from the Vienna University of Economics and business introduced in April, more than 400 domestic companies. The results show that in Austria managers to estimate the duration of the crisis in completely different ways, depending on how strongly they were affected by the actions of the government.

Optimistic the construction is shown: Here, managers assume that their company is likely to arrive on average after just eight months in the normality. In the case of Hotel – and catering is expected to operate in the cut with a almost twice as long a recovery phase, in the arts and culture sector, it is even of more than two years.

So far, so logical. However, the study also shows some surprising results

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