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Austria; Selected Issues

This Selected Issues paper focuses on the medium-term budgetary framework (MTBF) for Austria. Austria is part of a trend among many countries to consider some form of MTBF. This paper describes the proposed framework in Austria and assesses it in light of the experience of other countries. The general conclusion is that the track records are mixed, but that, on balance, the experiences with MTBFs have been favorable. The paper also examines the long-term fiscal challenges arising from demographic change.
Year of publication:
2007-05-02
Institutions: International Monetary Fund (IMF) ; International Monetary Fund
Subject: Budgetary policy | Aging | Bank supervision | Selected issues | fiscal policy | mtbf | fiscal policies | expenditure | expenditures | fiscal policy rules | fiscal responsibility | fiscal management | expenditure ceilings | fiscal framework | fiscal sustainability | fiscal policy objectives | fiscal responsibility act | budget balance | medium-term budgetary framework | multiyear expenditure | fiscal balances | fiscal discipline | fiscal performance | medium-term expenditure frameworks | fiscal surpluses | fiscal deficits | expenditure framework | medium-term budgetary frameworks | long-term fiscal sustainability | public expenditures | fiscal expenditures | fiscal developments | fiscal rules | public spending | persistent fiscal deficits | fiscal vulnerabilities | fiscal consolidation | tax cuts | expenditure frameworks | medium-term expenditure | expenditure growth | expenditure priorities | medium-term expenditure framework | fiscal loosening | high levels of public spending | tax increases | fiscal policy rule | fiscal budget | budgetary process | fiscal position | fiscal difficulties | fiscal sustainability analysis | fiscal policy goals | medium-term budget balance | fiscal policy framework | fiscal plans | fiscal situation | budget balances | fiscal relationships | total expenditures | structural fiscal | fiscal reform | budgetary institutions | public debt | public finances | spending control | fiscal analyses | budget deficits | budget management | fiscal control | fiscal tensions | levels of public spending | cyclical fiscal policy | fiscal structure | fiscal balance | discretionary fiscal policies | public finance | responsible fiscal policies | fiscal relations | expenditure level | budgetary control | budget systems
Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Notes:
The text is part of a series IMF Staff Country Reports Number 07/143 4 pages long
Source:
Persistent link: https://www.econbiz.de/10011242913
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