01782cas a2200241 a 4500 AALejournalIMF016617 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498328210 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Austria : Selected Issues. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (41 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper reviews two main issues pertaining to Austrian economy: (1) Austria's long-term fiscal sustainability in light of current tax and expenditure trends, and (2) Austria's macroeconomic challenges and opportunities due to immigration. To maintain fiscal sustainability over the longer run, Austria needs to implement a strategy based on structural expenditure consolidation. Attention to the structure of Austrian taxes and expenditure is germane because this displays important differences vis-a-vis European peers. In 2015, Austria has recorded about 90,000 asylum applicants, making it one of the top three host countries relative to its population. Austria attracts immigrant populations that improve the characteristics of its labor force. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/051 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/051/002.2016.issue-051-en.xml IMF e-Library