About this article
Published Online: Oct 23, 2024
Page range: 33 - 39
DOI: https://doi.org/10.2478/wpbl-2024-0005
Keywords
© 2024 Andreas Sachs et al., published by Sciendo
This work is licensed under the Creative Commons Attribution 4.0 International License.
Austria's economy is highly competitive internationally in many areas. Nevertheless, there are various economic policy challenges. In addition, the intensity of international competition is increasing. A comparison of Austria's economic environment with 21 other highly developed economies based on comparable indicators that are available across the board shows the most important areas where action is needed. This contribution identifies the respective challenges in different areas and provides solutions. Finally, the growth effects of selected measures are quantified based on a model-based scenario calculation.