04964oam 22013094 450 991016503600332120230809222732.01-4755-7318-91-4755-7325-1(CKB)3710000001064749(MiAaPQ)EBC4807077(IMF)1AUTEA2017002(EXLCZ)99371000000106474920020129d2017 uf 0engurcnu||||||||rdacontentrdamediardacarrierAustria : Austria: Selected IssuesWashington, D.C. :International Monetary Fund,2017.1 online resource (37 pages) illustrations, tablesIMF Staff Country Reports1-4755-7317-0 Includes bibliographical references.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.IMF Staff Country Reports; Country Report ;No. 2017/027Banks and bankingAustriaBanks and bankingBanks and BankingimfMoney and Monetary PolicyimfPublic FinanceimfTaxationimfProduction and Operations ManagementimfIndustries: Financial ServicesimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfNational Government Expenditures and Related Policies: InfrastructuresimfOther Public Investment and Capital StockimfMacroeconomics: ProductionimfProductionimfCostimfCapital and Total Factor ProductivityimfCapacityimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfTaxation, Subsidies, and Revenue: GeneralimfMonetary economicsimfMacroeconomicsimfPublic finance & taxationimfBankingimfEconomic & financial crises & disastersimfFinanceimfCreditimfPublic investment spendingimfBank creditimfTotal factor productivityimfMoneyimfExpenditureimfPotential outputimfIndustrial productivityimfPublic investmentsimfBanks and bankingimfEconomic theoryimfIncome taximfAustriaimfBanks and bankingBanks and banking.Banks and BankingMoney and Monetary PolicyPublic FinanceTaxationProduction and Operations ManagementIndustries: Financial ServicesMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralNational Government Expenditures and Related Policies: InfrastructuresOther Public Investment and Capital StockMacroeconomics: ProductionProductionCostCapital and Total Factor ProductivityCapacityBanksDepository InstitutionsMicro Finance InstitutionsMortgagesTaxation, Subsidies, and Revenue: GeneralMonetary economicsMacroeconomicsPublic finance & taxationBankingEconomic & financial crises & disastersFinanceCreditPublic investment spendingBank creditTotal factor productivityMoneyExpenditurePotential outputIndustrial productivityPublic investmentsBanks and bankingEconomic theoryIncome tax332.109436DcWaIMFBOOK9910165036003321Austria674739UNINA