Assessment and recommendations | OECD Economic Surveys: Austria 2015 | OECD iLibrary

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2015 OECD Economic Surveys: Austria 2015

image of OECD Economic Surveys: Austria 2015

This 2015 OECD Economic Survey of Austria examines recent economic developments, policies and prospects. Special chapters cover gender equality.

English Also available in: French

https://doi.org/10.1787/eco_surveys-aut-2015-en

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Assessment and recommendations

English Also available in: French

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High material well-being and weaknesses in work-life balance

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Growth has stalled since 2012 and unemployment is rising

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Tax reform was significant but the tax wedge at low-incomes remains high

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Export performance undermined by unit labour cost pressure

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Service sector regulations should be eased

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Public debt continues to rise as expenditures turn out to be higher than expected

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Senior workers' employment has improved but average age of withdrawal remains low

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Weak tax autonomy of sub-central governments and fragmentation undermine fiscal discipline

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Low profitability and capital ratios

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Social cohesion

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