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2013 OECD Economic Surveys: Austria 2013

image of OECD Economic Surveys: Austria 2013

OECD's 2013 Economic Survey of Austria examines recent economic developments, policies and prospects. This issue's special chapters cover long-term well-being.

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Assessment and recommendations

Austria has enjoyed a remarkable performance in terms of low unemployment and steady convergence with top GDP per capita levels. This has been combined with low income inequality, high environmental standards and rising life expectancy. This was achieved with a unique combination of supportive conditions for a dynamic business sector, priority for family based care, a wide and deep supply of public services and a well functioning social partnership framework.

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