In an EU-wide comparison, Austria's overall labour market performance is fairly strong. The employment-to-population ratio is high. Unemployment, income inequality, and at-risk-of-poverty rate are at a rather low level. However, while employment stability is high for the core workforce, there is...

International examples clearly demonstrate that a high level of social policy does not necessarily correlate with slow growth rates. Empirical literature shows that incentives of social policy measures that lead to a growth-enhancing education, research and development policy are of utmost...