Austria: Recent Developments and Issues

July 20, 1995

Summary

This report describes recent developments and issues in Austria. The report discusses the structural features of the Austrian labor market. Two features—the relative importance of foreign labor supply, and the comparatively low labor force participation of certain groups—are analyzed in detail. The historical structure of the Austrian balance of payments is discussed, and the developments in 1994 are analyzed. The report also examines the Austrian tourism industry and its underlying problems. Developments in public finances are also elaborated.

Subject: Economic sectors, Exports, International trade, Labor, Labor markets, National accounts, Tourism

Keywords: balance of payments, CR, current account, Eastern Europe, exchange rate, Exports, federal government, government, hard currency, ISCR, Labor markets, Tourism, trade balance

Pages:
71
Volume:
1995
DOI:
https://doi.org/10.5089/9781451802221.002
Issue:
062
Series:
Country Report No. 1995/062
Stock No:
1AUTEA0011995
ISBN:
9781451802221
ISSN:
1934-7685

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Notes

This report on recent developments and issues in Austria was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

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