LEADER 03823nam 2200601 450 001 9910463662203321 005 20200520144314.0 010 $a1-4983-7072-1 010 $a1-4983-1180-6 010 $a1-4983-9559-7 035 $a(CKB)2670000000570286 035 $a(EBL)1811553 035 $a(SSID)ssj0001398972 035 $a(PQKBManifestationID)11729889 035 $a(PQKBTitleCode)TC0001398972 035 $a(PQKBWorkID)11465181 035 $a(PQKB)11340260 035 $a(MiAaPQ)EBC1811553 035 $a(Au-PeEL)EBL1811553 035 $a(CaPaEBR)ebr10951288 035 $a(CaONFJC)MIL649361 035 $a(OCoLC)892799377 035 $a(EXLCZ)992670000000570286 100 $a20141017h20142014 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aAustria $e2014 article IV consultation-staff report; press release; and statement by the executive director for Austria /$fInternational Monetary Fund 210 1$aWashington, District of Columbia :$cInternational Monetary Fund,$d2014. 210 4$dİ2014 215 $a1 online resource (74 p.) 225 1 $aIMF Country Report ;$vNumber 14/278 300 $aDescription based upon print version of record. 311 $a1-4983-3372-9 311 $a1-322-18097-0 327 $aCover; CONTENTS; INTRODUCTION; RECENT ECONOMIC DEVELOPMENTS, OUTLOOK, AND RISKS; POLICY DISCUSSIONS; A. Completing Bank Restructuring and Strengthening Macro-Financial Stability; BOXES; 1. Pre-Crisis Imbalances and Post-Crisis Growth; 2. Austria's Banking Sector as Inter-Mediator of Western European Savings; B. Rationalizing Public Expenditure to Accelerate Debt Reduction and Reduce Labor Taxes; 3. The Scope for Fiscal Expenditure Rationalization in Austria; C. Raising Potential Growth Through Higher Labor Productivity; STAFF APPRAISAL; FIGURES; 1. The Big Picture 327 $a2. Recent Economic Developments 3. Financial Market Indicators; 4. External Linkages; 5. External Sector; 6. Banking Sector; 7. Housing Prices; 8. Long-Term Government Expenditure Growth; 9. Volatility of Government Spending; 10. Tax Burden on Labor; 11. Labor Market Conditions; 12. Fiscal Developments and Outlook; 13. Composition of Government Spending, 2012; 14. Comparison of Pension Parameters; 15. Real GDP per Capita Comparisons; 16. Productivity; 17. Cyclical Indicators; 18. Capital Productivity; 19. Structural Indicators; TABLES; 1. Selected Economic Indicators, 2010-15 327 $a2. Medium-Term Macroeconomic Framework, 2010-193. Balance of Payments, 2010-19; 4. General Government Operations, 2010-19; 5. General Government Balance Sheet, 2007-12; 6. Financial Soundness Indicators, 2009-13; 7. Authorities' Response to Past IMF Policy Recommendations; ANNEX; Public Debt Sustainability Analysis (DSA) 330 $aKEY ISSUES Context: Austria did not experience a severe boom-bust cycle and came through the crisis relatively well. The main impact was on the banking sector and public debt. With cyclical slack low and the recovery taking hold, this is the time to resolve crisis legacies and address long-standing structural issues.Outlook and risks: The recovery is taking hold, driven by a pick-up in exports. The most acute risks are mainly geopolitical and could in particular lead to financial spillovers.Financial sector policies: Bank restructuring should now be rapidly completed and bad asset disposal 410 0$aIMF country report ;$vNumber 14/278. 607 $aAustria$xEconomic conditions 607 $aAustria$xEconomic policy 608 $aElectronic books. 676 $a330.9436 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910463662203321 996 $aAustria$9674739 997 $aUNINA