This Selected Issues paper presents a comparison on public expenditure of Austria and other countries. In the past … decade, Austria's government expenditure growth has been very steady, thus avoiding the boom-bust pattern of some other … highest component by far. Nevertheless, expenditure levels in Austria are relatively high, and the difference with Germany has …

outside Austria. This has brought substantial benefits, but also increased risks and vulnerabilities. Maintaining financial … having important spillovers to regional financial stability. Austria traditionally benefits from a low unemployment rate …

This 2007 Article IV Consultation highlights that the favorable economic outcome for Austria is owed to a combination …