IMF Staff Country Reports

Austria: Selected Issues

August 14, 2002

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Austria: Selected Issues, (USA: International Monetary Fund, 2002) accessed November 22, 2024

Summary

This Selected Issues paper for Austria looks at the fiscal burden facing Austria owing to aging, and the policy steps necessary to address it. It gives a short description of the Austrian pension, health care, and long-term care systems, and describes how aging will affect the costs of these systems. It then analyzes the development of age-related spending and the sustainability of general government finances under different scenarios, and quantifies the primary adjustment required to keep public finances on a sustainable path in the long term.

Subject: Aging, Banking, Commercial banks, Expenditure, Financial institutions, Labor, Labor markets, Pension spending, Pensions, Population and demographics

Keywords: Aging, Austria, Bank asset data, Commercial banks, CR, Eastern Europe, EU accession, EU budget, EU enlargement, EU entry, ISCR, Labor markets, Pension spending, Pensions, Western Europe

Publication Details

  • Pages:

    64

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2002/183

  • Stock No:

    1AUTEA0012002

  • ISBN:

    9781451802283

  • ISSN:

    1934-7685