{"id":124938,"date":"2024-01-23T09:25:19","date_gmt":"2024-01-23T08:25:19","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/124938\/"},"modified":"2024-11-07T05:39:13","modified_gmt":"2024-11-07T04:39:13","slug":"vielfaeltige-herausforderungen-fuer-die-budgetpolitik-bundesfinanzrahmen-2017-bis-2020-und-bundesvoranschlag-2017","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/124938\/","title":{"rendered":"Fiscal Policy Facing Manifold Challenges. Federal Fiscal Framework 2017-2020 and Draft Federal Budget 2017"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-124938","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Demographic trends, the need for reinforcing expenditure in forward-looking domains, one-off incidents like the tax reform 2015-16, the current wave of refugee immigration, financial support (even if clearly less than in previous years) for banks in distress and \u2013 last, but not least \u2013 the necessity to unwind the jump in public debt in the wake of the recession 2008-09, pose severe challenges for fiscal policy. The general government deficit (in the Maastricht definition) is expected to abate to 1.2 percent of GDP in 2017, while the structural deficit may edge up to 0.9 percent of GDP. The government debt ratio has turned around in 2016, declining from 83.2 percent of GDP to a projected 76.6 percent by 2020. Subsidies for ailing banks pushed up the debt ratio by 11.3 percent of GDP at the end of 2016.","onlinedate":"2017-01-23 01:00:00","lang":"German","publication_series":"","publication_date":"20170101","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":366445,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"90","monthly_report_pages":"37-50","monthly_report_pages_sort":"37","issue":"1","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[44312],"research_groups":[3500],"collaboration":"","persons":[3830],"persons_data":"[{\"personId\":3830,\"personName\":\"Margit Schratzenstaller\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Schratzenstaller, M.<\\\/span> (2017). <span>Vielf\u00e4ltige Herausforderungen f\u00fcr die Budgetpolitik. Bundesfinanzrahmen 2017 bis 2020 und Bundesvoranschlag 2017<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>90<\\\/em>(1), 37-50. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/59261\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/59261<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Schratzenstaller M<\\\/span>. <span class=\\\"title\\\"><span>Vielf\u00e4ltige Herausforderungen f\u00fcr die Budgetpolitik. Bundesfinanzrahmen 2017 bis 2020 und Bundesvoranschlag 2017<\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 2017 Jan;90(1):37-50.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{0395c3eaf6bb45c1a6b5c0e655524358,<\\\/div><div>  title    = \\\"Vielf{\\\\\\\"a}ltige Herausforderungen f{\\\\\\\"u}r die Budgetpolitik. Bundesfinanzrahmen 2017 bis 2020 und Bundesvoranschlag 2017\\\",<\\\/div><div>  abstract = \\\"Demographische Entwicklungen, die Notwendigkeit des Ausbaus von Zukunftsbereichen, Sonderfaktoren wie die Steuerreform 2015\\\/16, die aktuelle Fl{\\\\\\\"u}chtlingsmigration und \u2013 wenn auch in deutlich geringerem Ausma{\\\\ss} als in den Vorjahren \u2013 die Bankenhilfen sowie nicht zuletzt die Notwendigkeit, die u. a. krisenbedingt stark erh{\\\\\\\"o}hte Schuldenquote zu senken, stellen die Budgetpolitik vor gro{\\\\ss}e Herausforderungen. Das gesamtstaatliche Maastricht-Defizit geht 2017 auf \u20131,2\\\\% des BIP zur{\\\\\\\"u}ck, das strukturelle Defizit steigt auf \u20130,9\\\\% des BIP. Die Schuldenquote sinkt ab 2016 wieder, von 83,2\\\\% des BIP geht sie bis 2020 auf 76,6\\\\% zur{\\\\\\\"u}ck. Die Bankenhilfen erh{\\\\\\\"o}hten den Schuldenstand Ende 2016 um 11,3\\\\% des BIP.\\\",<\\\/div><div>  keywords = \\\"Bundesbudget, Steuern, Verschuldung, Staatsquoten, Budgetkonsolidierung, Bankenhilfen, Steuerreform\\\",<\\\/div><div>  author   = \\\"Margit Schratzenstaller\\\",<\\\/div><div>  note     = \\\"Bundesvoranschlag\\\",<\\\/div><div>  year     = \\\"2017\\\",<\\\/div><div>  month    = jan,<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  volume   = \\\"90\\\",<\\\/div><div>  pages    = \\\"37--50\\\",<\\\/div><div>  journal  = \\\"WIFO-Monatsberichte\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Vielf\u00e4ltige Herausforderungen f\u00fcr die Budgetpolitik. Bundesfinanzrahmen 2017 bis 2020 und Bundesvoranschlag 2017<\\\/p><p>AU  - Schratzenstaller, Margit<\\\/p><p>N1  - Bundesvoranschlag<\\\/p><p>PY  - 2017\\\/1<\\\/p><p>Y1  - 2017\\\/1<\\\/p><p>N2  - Demographische Entwicklungen, die Notwendigkeit des Ausbaus von Zukunftsbereichen, Sonderfaktoren wie die Steuerreform 2015\\\/16, die aktuelle Fl\u00fcchtlingsmigration und \u2013 wenn auch in deutlich geringerem Ausma\u00df als in den Vorjahren \u2013 die Bankenhilfen sowie nicht zuletzt die Notwendigkeit, die u. a. krisenbedingt stark erh\u00f6hte Schuldenquote zu senken, stellen die Budgetpolitik vor gro\u00dfe Herausforderungen. Das gesamtstaatliche Maastricht-Defizit geht 2017 auf \u20131,2% des BIP zur\u00fcck, das strukturelle Defizit steigt auf \u20130,9% des BIP. Die Schuldenquote sinkt ab 2016 wieder, von 83,2% des BIP geht sie bis 2020 auf 76,6% zur\u00fcck. Die Bankenhilfen erh\u00f6hten den Schuldenstand Ende 2016 um 11,3% des BIP.<\\\/p><p>AB  - Demographische Entwicklungen, die Notwendigkeit des Ausbaus von Zukunftsbereichen, Sonderfaktoren wie die Steuerreform 2015\\\/16, die aktuelle Fl\u00fcchtlingsmigration und \u2013 wenn auch in deutlich geringerem Ausma\u00df als in den Vorjahren \u2013 die Bankenhilfen sowie nicht zuletzt die Notwendigkeit, die u. a. krisenbedingt stark erh\u00f6hte Schuldenquote zu senken, stellen die Budgetpolitik vor gro\u00dfe Herausforderungen. Das gesamtstaatliche Maastricht-Defizit geht 2017 auf \u20131,2% des BIP zur\u00fcck, das strukturelle Defizit steigt auf \u20130,9% des BIP. Die Schuldenquote sinkt ab 2016 wieder, von 83,2% des BIP geht sie bis 2020 auf 76,6% zur\u00fcck. Die Bankenhilfen erh\u00f6hten den Schuldenstand Ende 2016 um 11,3% des BIP.<\\\/p><p>KW  - Bundesbudget<\\\/p><p>KW  -  Steuern<\\\/p><p>KW  -  Verschuldung<\\\/p><p>KW  -  Staatsquoten<\\\/p><p>KW  -  Budgetkonsolidierung<\\\/p><p>KW  -  Bankenhilfen<\\\/p><p>KW  -  Steuerreform<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>VL  - 90<\\\/p><p>SP  - 37<\\\/p><p>EP  - 50<\\\/p><p>JO  - WIFO-Monatsberichte<\\\/p><p>JF  - WIFO-Monatsberichte<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Fiscal Policy Facing Manifold Challenges. 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