Austria: Staff Report for the 2004 Article IV Consultation

August 5, 2004

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Austria: Staff Report for the 2004 Article IV Consultation, (USA: International Monetary Fund, 2004) accessed December 22, 2024

Summary

Austria’s 2004 Article IV Consultation reports that the economy has continued to perform relatively well, unemployment is among the lowest in the European Union, and competitiveness remains strong. Also, a gradual recovery is under way and short-term economic prospects are positive, although risks remain. There are areas of potential risk stemming primarily from exposure of Austrian banks in central and eastern European countries and foreign currency loans to households; and there is scope for strengthening supervision and reviewing the current deposit insurance system over the medium term.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Crime, Expenditure, Financial Sector Assessment Program, Financial sector policy and analysis, Fiscal policy, Fiscal stance, Tax incidence, Tax policy

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Authority, Benefits growth, Central and Eastern Europe, CR, Deficit, Eastern Europe, Europe, Expenditure saving, Financial Sector Assessment Program, Financial system, Fiscal stance, FSAP, Global, Government, Government in power, ISCR, Record of leadership, Reform, Reform agenda, Reform process, Targeted deficit increase, Tax incidence, Tax reform plans

Publication Details

Pages:

43
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/236
Stock No:

1AUTEA0012004
ISBN:

9781451802306
ISSN:

1934-7685

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