Embracing digitalisation to boost Austria’s growth potential

by Rauf Gonenc and Volker Ziemann, Austria Desk, OECD Economics Department. Digitalisation will redesign production processes and alter relationships between work and leisure, capital and labour, the rich and the poor, the skilled and the unskilled. It creates opportunities to boost inclusive growth and well-being by raising productivity, enhancing private and public services, and democratising … More Embracing digitalisation to boost Austria’s growth potential

Growth is picking up in Austria but fundamentals need to be strengthened

by Rauf Gonenc and Volker Ziemann,  Austria Desk, OECD Economics Department After several years of subdued growth, economic output accelerated in 2016 supported by a tax reform that entered into force in 2015-16, and more recently a pick-up in international trade. The upturn has improved fiscal balances, and the public debt ratio, though still high, … More Growth is picking up in Austria but fundamentals need to be strengthened