Austria Recent Economic Developments and Selected Issues

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 i...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1996
Series:IMF Staff Country Reports
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary: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
Physical Description:102 pages
ISBN:9781451802238