{
  "title": "Austria: Staff Report for the 2005 Article IV Consultation",
  "publication": "IMF Staff Country Reports, July 25, 2005",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/austria-staff-report-for-the-2005-article-iv-consultation-18430",
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  "summary": "This 2005 Article IV Consultation highlights that economic activity in Austria gathered speed in 2004, supported mostly by strong export performance. Growth of real GDP rose to 2.2 percent in 2004.",
  "sections": [
    {
      "heading": "Macroeconomic performance (2004)",
      "content": "- Growth of real GDP rose to 2.2 percent in 2004.\n- Economic activity gathered speed in 2004, supported mostly by strong export performance.\n- Consumption growth was modest, reflecting:\n  - small gains in employment, and\n  - nominal wage growth barely matching inflation.\n- Investment demand continued to expand, benefiting from:\n  - improved prospects for exports, and\n  - the extension of tax incentives through end-2004."
    },
    {
      "heading": "Structural developments and their impact",
      "content": "- Progress in the structural area has been impressive.\n- Structural progress contributed to Austria’s relatively favorable growth performance in the past period."
    },
    {
      "heading": "Policy-relevant topics covered (subjects listed in source)",
      "content": "- Budget planning and preparation\n- Expenditure\n- Fiscal policy\n- Pension spending\n- Public debt\n- Public financial management (PFM)"
    },
    {
      "heading": "Key statistics and publication facts",
      "content": "- Pages: 43\n- Volume: 2005\n- Issue: 248\n- Series: Country Report No. 2005/248\n- ISBN: 9781451802368\n- DOI: https://doi.org/10.5089/9781451802368.002\n\nInternational Monetary Fund. \"Austria: Staff Report for the 2005 Article IV Consultation\", IMF Staff Country Reports 2005, 248 (2005).\n\n---\n\n Content in this bundle\n\n- cr05248\n  - cr05248 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr05248 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: July 25, 2005",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451802368.002",
    "Growth of real GDP rose to 2.2 percent in 2004.",
    "Economic activity gathered speed in 2004, supported mostly by strong export performance.",
    "Consumption growth was modest, reflecting:",
    "Investment demand continued to expand, benefiting from:",
    "Progress in the structural area has been impressive.",
    "Structural progress contributed to Austria’s relatively favorable growth performance in the past period.",
    "Pages: 43",
    "Volume: 2005",
    "Issue: 248",
    "Series: Country Report No. 2005/248",
    "ISBN: 9781451802368",
    "DOI: https://doi.org/10.5089/9781451802368.002",
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