Austria is a country with a historically strong intervention of government. Specifically a large part of the manufacturing sector and electricity had been nationalized after world war II, combined with public ownership in telecommunication, transport and banking this created one of the largest...

Industriepolitik ist ein umstrittener, aber notwendiger Teil der Wirtschaftspolitik. Sie entwickelte sich von sektoralen Eingriffen über eine Förderung der Wettbewerbsfähigkeit durch breite, horizontale Politiken schließlich zu einer Kombination von primär horizontalen und ergänzend...

The financial crisis has affected the real economy in stages yet nevertheless at an unexpected rate and with all regions being affected simultaneously. It advanced almost independently of the regions' exposure to the actual initial causes, among them the subprime crisis, innovative financial...

In Österreich wurde 1993 ein steuerfinanziertes Pflegegeld eingeführt. Zwischen 1994 und 2006 stieg die Anzahl der PflegegeldbezieherInnen um rund 25%. Die Finanzierung der Pflege älterer Menschen sowie die effiziente Gestaltung der Pflegeleistungen sind nicht zuletzt vor dem Hintergrund des...

Faced with an economic slowdown, the Austria federal government implemented two economic stimulus packages in 2001 and 2002 respectively. These packages provide for additional public expenditure, most of which has been advanced by one or two years, particularly with regard to public...

One aim of the first phase of the tax reform coming into effect in 2004 is to strengthen the economic recovery. One of its elements is a tax relief granted for retained profits of non-incorporated firms to further the formation of equity capital. However, since small firms and firms with low...

Practicing sports as well as the organization of sports events generate considerable positive external effects which cause an inefficiently low provision of private funds and thus justify public interventions in the sports market. For instance, organising competitions and providing sports...

This article identifies some fundamental structural failings shown by the Austrian tax system that should be considered within the second phase of the tax reform envisaged for 2005. It focuses on corporate and personal income taxes as well as on property taxes.