Austria: Recent Economic Developments and Selected Issues

International Monetary Fund

No 1996/060, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews economic developments in Austria during 1995–96. A review of developments and short-term prospects for the domestic economy, the public finances, monetary and exchange rate policy, and the balance of payments is presented. Several estimates of potential output and the output gap in Austria are discussed, together with two macroeconomic scenarios that the IMF staff has developed. The paper provides an analysis of the Austrian federal structure. The distribution of government responsibilities, the revenue-sharing mechanism, and transfers among different levels of government are also discussed.

Keywords: ISCR; CR; gross domestic product; exchange rate; federal government; real GDP; federal funds; deutsche mark; debt ratio; federal budget; retirement age; balance of payments; central bank; early retirement; federal deficit; savings ratio; Pension spending; Aging; Pensions; Labor costs; Eastern Europe; Europe (search for similar items in EconPapers)
Pages: 102
Date: 1996-08-18
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=1616 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1996/060

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().