OECD Information for journalists, Austria’s economy is recovering well from the COVID-19 crisis thanks to decisive policy action, although challenges remain in the form of labour and skills shortages. Efforts should now focus on increasing the labour force participation of women and older workers, adjusting public finances once the recovery is fully self-sustained, and accelerating the shift to a greener and widely digitalised economy, according to a new OECD report.
OECD Information for journalists, The OECD will present a new Economic Survey of Austria on Monday 20 December. The Survey takes an in-depth look at the sectors most affected by the COVID-19 crisis and discusses structural reforms that would support the recovery and increase productivity growth. The Survey also discusses policy actions to support Austria s goal of climate neutrality by 2040 and to foster digitalisation across the economy and society.