Austria: Selected Issues

Author: International Monetary Fund

Volume/Issue: Volume 2007 Issue 143

Publication date: May 2007

ISBN: 9781451802382

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Labor , Public Finance , Demography , ISCR , CR , retirement age , expenditure , fiscal policy rule , early retirement , pension expenditure , expenditure projection , multiyear expenditure rule , pension pillar , medium-term-oriented fiscal policies , corridor pension , Pension spending , Aging , Medium-term budget frameworks , Retirement , Australia and New Zealand , Europe

Also of interest

Peru

Grenada

Nepal

Republic of Congo : 2001 Article IV

Summary

This Selected Issues paper focuses on the medium-term budgetary framework (MTBF) for Austria. Austria is part of a trend among many countries to consider some form of MTBF. This paper describes the proposed framework in Austria and assesses it in light of the experience of other countries. The general conclusion is that the track records are mixed, but that, on balance, the experiences with MTBFs have been favorable. The paper also examines the long-term fiscal challenges arising from demographic change.