This time around the impact on global markets was significantly limited especially as compared with the 1994–95 cycle. 31. Experience with an exit of the scale and magnitude currently being faced is however lacking, implying thereby that the risks from exit will need to be even more carefully managed.
Income conditions of households have not deteriorated but the effects of the decline in production are starting to be observed in new job offers and overtime working hours. As for the outlook, public investment is expected to start increasing with the advance in the implementation of the supplementary budget for fiscal 2000.