IMF Staff Country Reports

Austria: Staff Report for the 2000 Article IV Consultation

Publication Date:

August 8, 2000

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

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.

Series:

Country Report No. 2000/095

Subject:

Expenditure Fiscal consolidation Fiscal policy Fiscal stance Labor Labor markets Pension spending

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.