OECD economic surveys : Austria.

Format:

Book

Contributor:

Organisation for Economic Co-operation and Development, Content Provider.

Language:

English

Subjects (All):

Sound--Recording and reproducing.

Sound.

Electrical engineering.

Austria--Economic conditions.

Austria.

Austria--Economic policy.

Physical Description:

1 online resource (146 pages)

Edition:

1st ed.

Other Title:

Organisation for Economic Co-operation and Development economic surveys

Place of Publication:

[Place of publication not identified] : OECD, [2013]

Language Note:

English

Summary:

OECD's 2013 Economic Survey of Austria examines recent economic developments, policies and prospects. This issue's special chapters cover long-term well-being.

Contents:

Intro

Table of contents

Basic statistics of Austria, 2012

Executive summary

Assessment and recommendations

A moderate recovery is underway

Table 1. Short-term economic outlook

Further efforts are necessary to strengthen the resilience of the banking sector

Table 2. Foreign claims of Austrian banks

Figure 1. Risks to financial market stability remain

Fiscal policy is on an appropriate consolidation path

Table 3. General government finances

Fiscal risks and long-term spending pressures remain

Box 1. Main policy recommendations on fiscal policy and financial markets

Austria's well-being model draws on specific economic and social features

Figure 2. Well-being outcomes are remarkable

Figure 3. Inequalities exist in several well-being areas

Figure 4. Productivity growth based on stable and vocational intensive employment

Figure 5. Living patterns remain very stable

Figure 6. Public expenditures are large and have a complex structure

Demographic changes: Achieving sustainable work-life balances for all

Labour force participation and retirement in an ageing society: Reconciling sustainability and choice

Figure 7. There are strong demographic pressures on the pension system

Box 2. Main policy recommendations on ageing and retirement policy

Female labour force participation and family policies: balancing family and work obligations

Table 4. Growth under different scenarios of labour force participation (2011-30)

Box 3. Main policy recommendations for improving families' work-life balances

Improving the quality of education for people with migrant background and low human capital

Figure 8. Migrants' human capital gaps remain significant

Box 4. Main policy recommendations for strengthening migrants' human capital

Ensuring environmental sustainability.

Figure 9. Net internal migration flows

Figure 10. Land-use changes due to new built-up area are above target

Figure 11. Air pollution

Table 5. GHG emissions from road transport

Improving the pricing of road externalities

Better integrating regional, transport and housing policies and improving policy coherence

Box 5. Main policy recommendations to ensure environmental sustainability

Responding to structural changes in the global economy

Changes in global manufacturing chains may imply deeper and more frequent adjustments in the business sector

Box 6. Main policy recommendations for facilitating the adjustment of the business sector to changes in global production chains

Figure 12. The technological intensity of industry may be falling behind

Adapting service sectors to a more competitive environment

Box 7. Main policy recommendations for promoting vibrant services

The education and training system will have to produce more generic and advanced skills

Box 8. Main policy recommendations for strengthening Austria's education system

Sectoral policy initiatives would benefit from horizontal public sector reforms

Box 9. Main policy recommendations for horizontal public sector reforms

Bibliography

Annex A1. Follow-up to previous OECD policy recommendations

Chapter 1. Austria's well-being goes beyond GDP

Box 1.1. Beyond GDP: International and Austrian initiatives to measure and monitor well-being

Box 1.2. Well-being indicators and analysis: What lessons for policies?

Austrian well-being outcomes

Figure 1.1. Average well-being outcomes, 2011

Austria has achieved remarkable gains in material well-being

Figure 1.2. Income and wealth

Figure 1.3. Income inequality and poverty

Table 1.1. Wealth inequality in Austria, 2010

Figure 1.4. Labour market

Figure 1.5. Earnings inequality.

Figure 1.6. Housing conditions

Quality of life is high but some inequalities remain

Figure 1.7. Health outcomes

Figure 1.8. Educational outcomes

Table 1.2. Average collectively agreed normal annual working time, 2011

Figure 1.9. Work-life balance

Figure 1.10. Social connections

Figure 1.11. Perceived security

Figure 1.12. Environmental quality

Figure 1.13. Life satisfaction

Box 1.3. Determinants of subjective well-being

Figure 1.14. People at risk of poverty or social exclusion, 2011

Drivers of Austrian well-being

Table 1.3. Drivers of Austria's well-being

Productivity growth within stable enterprise and production structures

Figure 1.15. The share of the manufacturing sector in the economy

Figure 1.16. Superior productivity growth and competitiveness have driven performance

Figure 1.17. Employment stability and occupational flexibility

Figure 1.18. Manufacturing is specialised in cumulative knowledge-based sectors

Figure 1.19. The adaptive vocational education and training (VET) system

Box 1.4. Strengths and challenges of the Austrian VET system

Families provide intensive services backed by local social connections

Figure 1.20. Stability of living places

The role of social partnership in policy formation and implementation

Figure 1.21. Size and structure of the public sector in international comparison

Figure 1.22. A high degree of macroeconomic stabilisation

Box 1.5. The Council for Economic and Social Questions

Box 1.6. When certain groups do not participate in social partnership

Conclusions

Box 1.7. Policy recommendations on strengthening the evidence basis of well-being policies

Notes

Chapter 2. Responding to key well-being challenges

Demographic changes: Achieving sustainable work-life balances for all.

Retirement and "wealth in time": Reconciling free choices and fiscal sustainability

Box 2.1. A well-designed but gradual pension reform

Figure 2.1. There are strong demographic pressures on the pension system

Box 2.2. The difficult issue of survivors' pensions

Table 2.1. Senior workers' employment has improved but the average age of withdrawal remains low

Box 2.3. Employment of older workers

Box 2.4. Policy recommendations: ageing and retirement

Care within families and equality of opportunity between genders

Table 2.2. Labour force and growth under different scenarios of female participation (2011-2030)

Box 2.5. The complex design of family policies

Box 2.6. Innovations in elderly care

Box 2.7. Some empirical insights on the determinants of childbearing

Figure 2.2. Fertility rates and family policies

Table 2.3. Fertility varies across social groups

Box 2.8. Policy recommendations: reconciling equality of opportunity and freedom of choice within families

Improving the quality of education for immigrants: making high quality employment accessible for all

Figure 2.3. Migrants' demographics and education policy challenges

Box 2.9. Remedying to language handicaps at very young age

Box 2.10. Policy recommendations for strengthening migrants' human capital

Ensuring environmental sustainability

Figure 2.4. Net internal migration flows

Figure 2.5. Land-use changes due to new built-up area are above target

Box 2.11. The Austrian concept of rural space and rural development policies

Figure 2.6. Air pollution

Box 2.12. Austria's climate change achievements and goals

Figure 2.7. Greenhouse gas emissions

Table 2.4. Sectoral GHG emissions

Table 2.5. GHG emissions from road transport

Figure 2.8. Diesel and petrol prices and taxes.

Figure 2.9. Implicit diesel and petrol prices after adjusting for externalities

Box 2.13. Environmental recommendations

Bibliography.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

9789264183070

9264183078

OCLC:

855505019