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AAustria experienced a renewed downturn in its economy and labour market between mid-2011 and late-2014, with increasing rates of unemployment largely due to slack domestic demand. But there are recent signs of a slow recovery: overall and youth unemployment rates and the incidence of long-term unemployment all started to fall in the first quarter of 2015, if only marginally, and employment continued to increase.
Specific country notes have been prepared using data from the database OECD Health Statistics 2015, July 2015 version. The notes are available in PDF format.
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This note presents selected findings based on the set of well-being indicators used for the Better Life initiative and shows what users of the Better Life Index are telling us about their well-being priorities.
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Austria has the 2nd highest tax wedge among the 34 OECD member countries. The average single worker in Austria faced a tax wedge of 49.4% in 2014 compared with the OECD average of 36.0%.
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Water resources allocation determines who is able to use water resources, how, when and where. Capturing information from 27 OECD countries and key partner economies, the report presents key findings from the OECD Survey of Water Resources Allocation and case studies of successful allocation reform.
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This country note from Going for Growth 2015 for Austria identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
Austria should set a timeframe to increase its aid budget in line with a pledge to allocate 0.7% of its gross national income (GNI) to development aid, according to an OECD Review.
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The tax burden in Austria increased by 0.9 percentage points from 41.7% to 42.5% in 2013. The OECD average was an increase of 0.4 percentage points from 33.7% to 34.1%. The Austrian standard VAT rate is 20%, which is above the OECD average. The average VAT/GST standard rate in the OECD was 19.1% on 1 January 2014.
Country notes outlining regional variations in health, jobs, safety, environment, access to services, civic engagement, housing, education, income, and employment. These notes are from the OECD publication "How's Life in Your Region?".
Getting regions and cities 'right', adapting policies to the specificities of where people live and work, is vital to improving citizens’ well-being. View the country fact sheets from the publication OECD Regional Outlook 2014.