| Description |
1 online resource (48 pages) : color illustrations |
| Series |
IMF country report ; no. 13/280 |
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IMF country report ; no. 13/280.
|
| Contents |
Cover; CONTENTS; INTRODUCTION; RECENT ECONOMIC DEVELOPMENTS, OUTLOOK, AND RISKS; POLICY DISCUSSIONS; A. Financial Stability; BOX; 1. Austria's Mid-Sized Intervened Banks; B. Balance Sheets and Housing Market Developments; C. Reducing Public Debt While Absorbing Further Bank Restructuring Costs; D. Restructuring Public Finances and Strengthening Work Incentives; STAFF APPRAISAL; FIGURES; 1. Recent Economic Developments; 2. Financial Market Indicators; 3. External Sector; 4. Fiscal Developments and Outlook; 5. Banking Sector; TABLES; 1. Selected Economic Indicators, 2007-14 |
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2. Medium-Term Macroeconomic Framework, 2007-183. Balance of Payments, 2007-18; 4. General Government Operations, 2007-18; 5. General Government Balance Sheet, 2007-12; 6. Financial Soundness Indicators, 2008-12; 7. Authorities' Response to Past IMF Policy Recommendations; ANNEX; I. Austria and Germany: Have the Linkages Weakened?; CONTENTS; FUND RELATIONS; STATISTICAL ISSUES; IMF Executive Board Concludes 2013 Article IV Consultation with Austria; Executive Board Assessment |
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Statement by Johann Prader, Executive Director for Austria and Christian Just, Advisor to the Executive Director September 4, 2013Macroeconomic outlook; Fiscal policy; FSAP |
| Summary |
This paper presents details of Austria's 2013 Article IV Consultation. Austria has been growing economically but is facing challenges in the financial sector. Full implementation of medium-term fiscal adjustment plans require specifying several measures and plans that need gradual strengthening to take expected further bank restructuring cost into account. It suggests that strong early bank intervention and resolution tools, a better designed deposit insurance system, and a bank-financed resolution fund would help reduce the need for budgetary support to any troubled banks in the future |
| Notes |
Title from PDF title page (IMF Web site, viewed Sept. 10, 2013) |
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"September 2013." |
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"August 16, 2013"--Page 2 of pdf |
| Bibliography |
Includes bibliographical references |
| Subject |
International Monetary Fund -- Austria
|
| SUBJECT |
International Monetary Fund fast |
| Subject |
Economic development -- Austria
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Finance, Public -- Austria
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Debts, Public -- Austria
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Debts, Public
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Economic development
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Economic history
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Economic policy
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Finance, Public
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| SUBJECT |
Austria -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh85009666
|
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Austria -- Economic policy.
http://id.loc.gov/authorities/subjects/sh85009672
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| Subject |
Austria
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| Form |
Electronic book
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| Author |
International Monetary Fund.
|
| ISBN |
1484377621 |
|
9781484377628 |
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