Austria : Staff Report for the 2003 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

November 26, 2003

Electronic Access:

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Summary:

The Austrian economy performed well, but long-term problems were unaddressed. Austria has weathered the slump well. The government's economic policy priorities and recent achievements have been commendable. Tax reform will help improve the economy's long-term growth potential. Successful reform of inter-governmental fiscal relations is key to achieving the medium-term fiscal objectives. The recent pension reform will ensure long-term sustainability of the pension system. The creation of the financial market authority has strengthened financial supervision but continued vigilance is required. The government's structural reform agenda is appropriate.

Series:

Country Report No. 03/372

Subject:

English

Publication Date:

November 26, 2003

ISBN/ISSN:

9781451802290/1934-7685

Stock No:

1AUTEA0012003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

53

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