Economics Department

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  • Economic Survey of Austria 2015

    Economic growth has stalled in Austria since 2012 amid subdued productivity and weak export performance but is expected to improve. The separation of gender roles weighs on work-life balances and hinders the full use of human capital.

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  • The Future of Productivity

    Productivity is a major determinant of living standards and its growth will increasingly drive economic performance in the future. Yet, productivity is weak and its growth has been slowing down in many OECD and partner countries. Consequently, productivity is at the centre of economic policymaking in many member countries, and at the centre of the research agenda of many OECD Committees.

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  • Achieving prudent debt targets using fiscal rules

    Debt targets can serve as a fiscal policy anchor to ensure the sustainability of fiscal policy and that there is sufficient policy room to cope with adverse shocks. Prudent debt targets provide the commitment tool that re-assures markets and thereby diminishes risk premia and the cost of active fiscal policy.

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Achieving prudent debt targets using fiscal rules

Debt targets can serve as a fiscal policy anchor to ensure the sustainability of fiscal policy and that there is sufficient policy room to cope with adverse shocks. Prudent debt targets provide the commitment tool that re-assures markets and thereby diminishes risk premia and the cost of active fiscal policy.

Finance and inclusive growth: How to restore a healthy financial sector that supports long-lasting, inclusive growth?

Over the past 50 years, credit by banks and other institutions to households and businesses has grown three times as fast as economic activity. At these levels, further expansion is likely to slow long-term growth and raise inequality.

Useful links

Structural reforms and income distribution

Projections - Economic Outlook Annex Tables

Structural reforms - Going for Growth

Economic Outlook and Interim Global Economic Assessment

Economic Surveys

OECD Journal: Economic Studies

What makes civil justice effective?

Policy challenges for the next 50 years

 

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