Author: International MonetaryPublisher: International Monetary Fund
ISBN: 1513596659
Category : Business & Economics
Languages : en
Pages : 23
Book Description
Selected Issues
Austria: Selected Issues
Author: International MonetaryPublisher: International Monetary Fund
ISBN: 1513596659
Category : Business & Economics
Languages : en
Pages : 23
Book Description
Selected Issues
Austria
Author: International Monetary Fund. European Dept.Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 48
Book Description
Austria: Selected Issues
Austria: Selected Issues
Author: International Monetary FundPublisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451802344
Category :
Languages : en
Pages : 19
Book Description
This Selected Issues paper for Austria reports the impact of the government size, in addition to tax and expenditure composition, on real GDP growth. In addition to having a large public sector relative to the European Union (EU) 15 average, the composition of revenues is skewed, on the one hand, toward direct taxes. The distribution of expenditure, on the other hand, is broadly in line with the European Union (EU) 15 average. Austria is characterized by a heavy taxation of the factors of production, mainly labor, and to a lesser extent, capital.
Austria
Author: International Monetary Fund. European Dept.Publisher: International Monetary Fund
ISBN: 1498351794
Category : Business & Economics
Languages : en
Pages : 37
Book Description
This Selected Issues paper presents a comparison on public expenditure of Austria and other countries. In the past decade, Austria’s government expenditure growth has been very steady, thus avoiding the boom–bust pattern of some other European countries. However, expenditure levels are relatively high, and the difference with Germany has been widening. Compared with other countries, spending is particularly high for pensions, capital transfers and subsidies, including in the transport sector. According to economic classification, the composition of expenditure in the main categories has been more stable. Social benefits and transfers in kind, increasing by 0.7 percentage points between 2002 and 2012, have remained the highest component by far. Nevertheless, expenditure levels in Austria are relatively high, and the difference with Germany has been widening. A cross-country analysis of public spending by different type of categories shows several areas where spending stands out.
Austria
Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 1451802234
Category : Business & Economics
Languages : en
Pages : 103
Book Description
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.
Austria
Author: International Monetary Fund. European DeptPublisher:
ISBN: 9781498328425
Category :
Languages : en
Pages :
Book Description
Austria
Author: Kornélia KrajnyákAustria
Author: Daniel KandaAustria
Author: International Monetary Fund. European Dept.Publisher: International Monetary Fund
ISBN: 1475573170
Category : Business & Economics
Languages : en
Pages : 36
Book Description
This Selected Issues paper discusses structural and fiscal reforms in Austria that could increase potential output. Structural measures focused on further liberalization of professional services, and lowering of the barriers to trade and investment to increase potential output. Although Austria is among the countries with least restrictive business environment, there is a room for further improvement. The policy recommendations focus mostly on startups, professional services (legal, accounting, architecture, and engineering professions), competition in network industries, and barriers to foreign direct investment, resulting in an estimated impact of roughly 1.5 percent of GDP in the medium term.
Austria: Selected Issues
Author: International Monetary FundPublisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451802283
Category :
Languages : en
Pages : 64
Book Description
This Selected Issues paper for Austria looks at the fiscal burden facing Austria owing to aging, and the policy steps necessary to address it. It gives a short description of the Austrian pension, health care, and long-term care systems, and describes how aging will affect the costs of these systems. It then analyzes the development of age-related spending and the sustainability of general government finances under different scenarios, and quantifies the primary adjustment required to keep public finances on a sustainable path in the long term.