IMF Staff Country Reports

Austria: Staff Report for the 2000 Article IV Consultation

August 8, 2000

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Austria: Staff Report for the 2000 Article IV Consultation, (USA: International Monetary Fund, 2000) accessed September 19, 2024

Summary

The Austrian economy has been growing at an annual rate in excess of 3percent since mid-1999. Experience with deregulation in the telecommunications and electricity sectors is encouraged. With strong economic growth and expansionary monetary conditions from an Austrian perspective, Executive Directors judged that cyclical reasons would support a front-loaded approach to fiscal consolidation. Strong external demand and continued economic liberalization should contribute to sustaining economic expansion at a rate of close to 3percent per year in 2001–02.

Subject: Expenditure, Fiscal consolidation, Fiscal policy, Fiscal stance, Labor, Labor markets, Pension spending

Keywords: Budget consolidation process, Central and Eastern Europe, Consolidation goal, CR, Deficit, Eastern Europe, Europe, Expenditure saving, Fiscal consolidation, Fiscal stance, Global, Government, ISCR, Labor markets, One-off expenditure, Pension spending, Stability program, Staff appraisal

Publication Details

  • Pages:

    40

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2000/095

  • Stock No:

    1AUTEA0012000

  • ISBN:

    9781451802269

  • ISSN:

    1934-7685

Notes

Included with the Staff Report are the text of Public Information Notice No. 00/58 and a statement by Johann Prader on August 3,2000.