TY - BOOK ED - International Monetary Fund. TI - Austria: Selected Issues T2 - IMF Staff Country Reports; Country Report SN - 1451802382 : SN - 1934-7685 PY - 2007/// CY - Washington, D.C. PB - International Monetary Fund KW - Fiscal Framework KW - imf KW - Fiscal Management KW - Fiscal Policies KW - Fiscal Responsibility KW - Austria KW - Netherlands KW - New Zealand N2 - This Selected Issues paper focuses on the medium-term budgetary framework (MTBF) for Austria. Austria is part of a trend among many countries to consider some form of MTBF. This paper describes the proposed framework in Austria and assesses it in light of the experience of other countries. The general conclusion is that the track records are mixed, but that, on balance, the experiences with MTBFs have been favorable. The paper also examines the long-term fiscal challenges arising from demographic change UR - http://elibrary.imf.org/view/IMF002/00509-9781451802382/00509-9781451802382/00509-9781451802382.xml UR - http://www.imfbookstore.org/IMFORG/9781451802382 ER -