Doing Better for Children: Highlights for Austria

Very high public spending in Austria on children is failing to produce good child well-being outcomes... Austria should look closely at why high family incomes and low child poverty are not always translated into a broader range of good outcomes for children.

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• Doing Better for Children

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Economic Survey of Austria 2009: Facing the financial crisis

Austria entered the most severe recession in decades. This triggered prompt policy measures to stabilise the real economy and financial markets, which will deteriorate significantly the fiscal position.

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So far, Austria has weathered the global financial crisis better than other OECD countries. Even so, it is entering its worst recession in half a century. Moreover, its strong economic links with Central and Eastern Europe involve risks to GDP growth and financial stability. In the face of the crisis, the stance of monetary policy has been loosened in the euro area and measures have been taken in Austria to strengthen the liquidity

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Austria entered the most severe recession in decades, requiring policy measures to stabilise the real economy and financial markets. Beyond the crisis, there is need to enhance labour productivity and labour utilisation, and to improve the education system.

Launch of the 2009 OECD Economic Survey of Austria

Speech delivered by Andrew Dean, Director of Country Studies in the OECD Economics Department at the news conference held on 2 July 2009 at Bundeskanzleramt (Kongresssaal) in Vienna.to launch the 2009 Economic Survey of Austria.

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