Austria: Selected Issues
- ISBN-10
- 1451802285
- ISBN-13
- 9781451802283
- Series
- Austria
- Pages
- 64
- Language
- English
- Published
- 2002-08-14
- Publisher
- International Monetary Fund
- Author
- International Monetary Fund
Description
This Selected Issues paper for Austria looks at the fiscal burden facing Austria owing to aging, and the policy steps necessary to address it. It gives a short description of the Austrian pension, health care, and long-term care systems, and describes how aging will affect the costs of these systems. It then analyzes the development of age-related spending and the sustainability of general government finances under different scenarios, and quantifies the primary adjustment required to keep public finances on a sustainable path in the long term.
