OECD iLibrary | Assessment and recommendations

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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

Growth has stalled since 2012 and unemployment is rising

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

Export performance undermined by unit labour cost pressure

Service sector regulations should be eased

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

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

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

Low profitability and capital ratios

Social cohesion

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