Austria: Recent Developments and Issues

International Monetary Fund

No 1995/062, IMF Staff Country Reports from International Monetary Fund

Abstract: This report describes recent developments and issues in Austria. The report discusses the structural features of the Austrian labor market. Two features—the relative importance of foreign labor supply, and the comparatively low labor force participation of certain groups—are analyzed in detail. The historical structure of the Austrian balance of payments is discussed, and the developments in 1994 are analyzed. The report also examines the Austrian tourism industry and its underlying problems. Developments in public finances are also elaborated.

Keywords: ISCR; CR; government; hard currency; balance of payments; federal government; trade balance; current account; exchange rate; Tourism; Labor markets; Exports; Eastern Europe (search for similar items in EconPapers)
Pages: 71
Date: 1995-07-20
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