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Record Nr. |
UNINA9910165036003321 |
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Titolo |
Austria : : Austria: Selected Issues |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2017 |
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ISBN |
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1-4755-7318-9 |
1-4755-7325-1 |
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Descrizione fisica |
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1 online resource (37 pages) : illustrations, tables |
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Collana |
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IMF Staff Country Reports |
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Disciplina |
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Soggetti |
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Banks and banking - Austria |
Banks and banking |
Banks and Banking |
Money and Monetary Policy |
Public Finance |
Taxation |
Production and Operations Management |
Industries: Financial Services |
Monetary Policy, Central Banking, and the Supply of Money and Credit: General |
National Government Expenditures and Related Policies: Infrastructures |
Other Public Investment and Capital Stock |
Macroeconomics: Production |
Production |
Cost |
Capital and Total Factor Productivity |
Capacity |
Banks |
Depository Institutions |
Micro Finance Institutions |
Mortgages |
Taxation, Subsidies, and Revenue: General |
Monetary economics |
Macroeconomics |
Public finance & taxation |
Banking |
Economic & financial crises & disasters |
Finance |
Credit |
Public investment spending |
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Bank credit |
Total factor productivity |
Money |
Expenditure |
Potential output |
Industrial productivity |
Public investments |
Economic theory |
Income tax |
Austria |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Nota di bibliografia |
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Includes bibliographical references. |
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Sommario/riassunto |
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This Selected Issues paper discusses structural and fiscal reforms in Austria that could increase potential output. Structural measures focused on further liberalization of professional services, and lowering of the barriers to trade and investment to increase potential output. Although Austria is among the countries with least restrictive business environment, there is a room for further improvement. The policy recommendations focus mostly on startups, professional services (legal, accounting, architecture, and engineering professions), competition in network industries, and barriers to foreign direct investment, resulting in an estimated impact of roughly 1.5 percent of GDP in the medium term. |
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