Suchergebnisse

KEY ISSUESContext: Austria did not experience a severe boom-bust cycle and came through thecrisis relatively well. The main impact was on the banking sector and public debt. With cyclical slack low and the recovery taking hold, this is the time to resolve crisis legacies and address long-standing structural issues.Outlook and risks: The recovery is taking hold, driven by a pick-up in exports. The most acute risks are mainly geopolitical and could in particular lead to financial spillovers.Financial sector policies: Bank restructuring should now be rapidly completed and bad asset disposal accel

Cover -- CONTENTS -- RECENT DEVELOPMENTS -- OUTLOOK AND RISKS -- A. Outlook -- B. Risks -- POLICIES -- A. Fiscal Policy and Reforms -- B. Reducing Unemployment -- C. Consolidating Financial Stability -- STAFF APPRAISAL -- BOX -- 1. Stability Program -- FIGURES -- 1. Real Sector Developments -- 2. External and Fiscal Developments -- 3. Credit and Housing -- 4. Banking Sector -- 5. Financial Markets -- TABLES -- 1. Main Economic Indicators, 2015-23 -- 2. Fiscal Accounts, 2015-23 -- 3. Balance of Payments, 2015-23 -- 4. Financial Soundness Indicators, 2013-17 -- ANNEXES -- I. External Sector Assessment -- II. Risk Assessment Matrix -- III. Debt Sustainability Analysis -- IV. Authorities' Response to Past IMF Policy Advice -- V. Unemployment and Housing Market Developments -- CONTENTS -- FUND RELATIONS -- STATISTICAL ISSUES.

Cover -- CONTENTS -- GLOSSARY -- PREFACE -- EXECUTIVE SUMMARY -- I. FISCAL REPORTING -- 1.1. Coverage of Fiscal Reports -- 1.2. Frequency and Timeliness of Fiscal Reporting -- 1.3. Quality of Fiscal Reports -- 1.4. Integrity of Fiscal Reports -- 1.5. Recommendations -- II. FISCAL FORECASTING AND BUDGETING -- 2.1. Comprehensiveness of Budget Documentation -- 2.2. Orderliness -- 2.3. Policy Orientation -- 2.4. Credibility -- 2.5. Recommendations -- III. FISCAL RISKS -- 3.1. Disclosure and Analysis -- 3.2. Fiscal Risk Management -- 3.3. Fiscal Coordination -- 3.4. Recommendations -- BOXES -- 2.1. Gender-Oriented Budgeting -- 3.1. Austria's Bank Bailouts -- FIGURES -- 1.1. Coverage of Public Sector Institutions in Fiscal Reports -- 1.2. Public Sector Gross Liabilities in Selected Countries -- 1.3. Public Sector Net Worth in Selected Countries -- 1.4. Coverage of Public Sector Balance Sheet in Fiscal Reports, 2015 -- 1.5. Revenue Loss from Tax Expenditures in Selected Countries -- 1.6. Discrepancy Between Below- and Above-the-Line Net Borrowing of General Government -- 2.1. Own Source Revenue -- 2.2. Forecast Accuracy: Absolute Average Real GDP Forecast Error (2000-15) -- 2.3. Average Medium-term Forecast Error: Real GDP (2000-15) -- 2.4. Nominal GDP Forecast History -- 2.5. Medium-term Forecast Errors (2012-15) -- 2.6. Fiscal Outcomes, 2010-17 -- 2.7. The Fiscal Policy Council's Assessment of Compliance with EU Fiscal Rules -- 2.8. Accumulation of Budgetary Reserves -- 2.9. Components of Deviation in Outcome from Approved Budget -- 2.10. Evolution of Medium-term Forecasts for Central Government Expenditure and Revenue -- 3.1. Volatility of GDP and Government Revenue in European Countries -- 3.2. Old Age Dependency Ratios -- 3.3. Long-term Fiscal Pressures -- 3.4. Size of Contingency Reserves in Selected Countries.

Environmental Management Air and Water Management Nature and Biodiversity Economy, Society and EnvironmentSectoral Integration: Sustainable Forest ManagementInternational Co-operation This book is part of the OECD Environmental Performance Reviews Programme which conducts peer reviews of environmental conditions and progress in each member country.