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Capital flows have increased significantly in recent years and are a key aspect of the global monetary system. They offer potential benefits to countries, but their size and volatility can also pose policy challenges. The Fund needs to be in a position to provide clear and consistent advice with...
Persistent link: https://www.econbiz.de/10014410311
Persistent link: https://www.econbiz.de/10004222628
A mix of solid economic policies, wage moderation, and an early orientation toward Eastern Europe explain Austria … have not resulted in sharp wage increases; instead negotiated wages for 2008 are up. Austria’s external position remains …
Persistent link: https://www.econbiz.de/10014401702
The Austrian authorities have been making great efforts since 2003 to enhance the quality of banking supervision and keep up-to-date with banking sector developments. Banks face a reputation risk arising from exposure to money laundering/financing of terrorism risk in both domestic and...
Persistent link: https://www.econbiz.de/10014403480
This technical note focuses on the Austrian banking system that exhibits considerable resilience against shocks determined by stress tests. The main sources of risk lie in the credit risk arising from exposures to Central, Eastern, and Southeastern Europe (CESE) and the Commonwealth of...
Persistent link: https://www.econbiz.de/10014403572
This Selected Issues paper for Austria looks at the fiscal burden facing Austria owing to aging, and the policy steps …
Persistent link: https://www.econbiz.de/10014404502
deregulation in the telecommunications and electricity sectors is encouraged. With strong economic growth and expansionary monetary …
Persistent link: https://www.econbiz.de/10014404535
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 …
Persistent link: https://www.econbiz.de/10014404925
This 2007 Article IV Consultation highlights that the favorable economic outcome for Austria is owed to a combination …
Persistent link: https://www.econbiz.de/10014405063
Austria’s recession had limited effects on unemployment. Investment declined sharply but consumption helped cushion the … recession, supported by tax cuts and various labor market measures together with large increases in real wages. Austria’s fiscal …
Persistent link: https://www.econbiz.de/10014405917