{"id":69023,"date":"2023-12-02T07:21:28","date_gmt":"2023-12-02T06:21:28","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/how-austria-got-through-the-crisis-and-what-to-be-done-now\/"},"modified":"2024-04-20T13:41:10","modified_gmt":"2024-04-20T11:41:10","slug":"how-austria-got-through-the-crisis-and-what-to-be-done-now","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/69023\/","title":{"rendered":"How Austria Got Through the Crisis and What to be Done Now"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-69023","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In the last two years, economic policy in Austria has been dominated by the COVID-19 crisis. Concerning its pandemic re-sponse, compared to its international peers, Austria ranks only average, both in terms of excess mortality and economic loss-es. While the pandemic situation is still acute, economic policy must nonetheless refocus on structural issues that are decisive for long-term prosperity. This article highlights some aspects of the COVID-19 crisis and offers some thoughts on the transfor-mation of the energy system and the reform of labour market institutions. The proactive design of both policy areas will be crucial for the country's successful economic future.","onlinedate":"2022-02-25 12:00:00","lang":"English","publication_series":"","publication_date":"20220201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"12","keywords":"[\"Austrian economic policy\",\"COVID-19 crisis\",\"labour market reforms\",\"energy system\"]","jelcodes":"[\"E60\",\"F40\",\"H12\",\"J08\"]","related_publications":"[\"4bd7d542-8bdc-4f35-baed-a5a7b3206ddd\"]","pdf":254512,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"3","journal":"WIFO Reports on Austria","publisher":"","invisible":false,"external":false,"embargo_date":"2022-02-25 00:00:00","types":[44424],"research_groups":[],"collaboration":"","persons":[4986],"persons_data":"[{\"personId\":4986,\"personName\":\"Gabriel Felbermayr\",\"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\":\"
Felbermayr, G.<\\\/span> (2022). How Austria Got Through the Crisis and What to be Done Now<\\\/span>. WIFO Reports on Austria<\\\/em><\\\/span>, (3).<\\\/div>\",\"vancouver\":\"
Felbermayr G<\\\/span>. How Austria Got Through the Crisis and What to be Done Now<\\\/span><\\\/span>. WIFO Reports on Austria<\\\/span>. 2022 Feb;(3).<\\\/div>\",\"bibtex\":\"
@misc{69c77d602c144f06b28e8b964ee15295,<\\\/div>
title = \\\"How Austria Got Through the Crisis and What to be Done Now\\\",<\\\/div>
abstract = \\\"In the last two years, economic policy in Austria has been dominated by the COVID-19 crisis. Concerning its pandemic re-sponse, compared to its international peers, Austria ranks only average, both in terms of excess mortality and economic loss-es. While the pandemic situation is still acute, economic policy must nonetheless refocus on structural issues that are decisive for long-term prosperity. This article highlights some aspects of the COVID-19 crisis and offers some thoughts on the transfor-mation of the energy system and the reform of labour market institutions. The proactive design of both policy areas will be crucial for the country's successful economic future.\\\",<\\\/div>
keywords = \\\"Austrian economic policy, COVID-19 crisis, labour market reforms, energy system\\\",<\\\/div>
author = \\\"Gabriel Felbermayr\\\",<\\\/div>
note = \\\"How Austria Got Through the Crisis and What to be Done Now\\\",<\\\/div>
year = \\\"2022\\\",<\\\/div>
month = feb,<\\\/div>
language = \\\"English\\\",<\\\/div>
journal = \\\"WIFO Reports on Austria\\\",<\\\/div>

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TY - GEN<\\\/p>

T1 - How Austria Got Through the Crisis and What to be Done Now<\\\/p>

AU - Felbermayr, Gabriel<\\\/p>

N1 - How Austria Got Through the Crisis and What to be Done Now<\\\/p>

PY - 2022\\\/2<\\\/p>

Y1 - 2022\\\/2<\\\/p>

N2 - In the last two years, economic policy in Austria has been dominated by the COVID-19 crisis. Concerning its pandemic re-sponse, compared to its international peers, Austria ranks only average, both in terms of excess mortality and economic loss-es. While the pandemic situation is still acute, economic policy must nonetheless refocus on structural issues that are decisive for long-term prosperity. This article highlights some aspects of the COVID-19 crisis and offers some thoughts on the transfor-mation of the energy system and the reform of labour market institutions. The proactive design of both policy areas will be crucial for the country's successful economic future.<\\\/p>

AB - In the last two years, economic policy in Austria has been dominated by the COVID-19 crisis. Concerning its pandemic re-sponse, compared to its international peers, Austria ranks only average, both in terms of excess mortality and economic loss-es. While the pandemic situation is still acute, economic policy must nonetheless refocus on structural issues that are decisive for long-term prosperity. This article highlights some aspects of the COVID-19 crisis and offers some thoughts on the transfor-mation of the energy system and the reform of labour market institutions. The proactive design of both policy areas will be crucial for the country's successful economic future.<\\\/p>

KW - Austrian economic policy<\\\/p>

KW - COVID-19 crisis<\\\/p>

KW - labour market reforms<\\\/p>

KW - energy system<\\\/p>

M3 - WIFO series<\\\/p>

JO - WIFO Reports on Austria<\\\/p>

JF - WIFO Reports on Austria<\\\/p>

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