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Revamping Policy Governance in Austria: The EU’s impact 25 years on

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  • Handler, Heinz

Abstract

This contribution reviews some economic governance aspects of the EU’s 1995 enlargement. The focus is on selected fields of internal market pertinence in Austria compared with Finland and Sweden. The analysis starts with an overview of Austria’s initial position and reviews the instruments of EU economic governance at the time, including fiscal rules and instruments. The central part of the paper is devoted to the adjustments required to comply with the gradual completion and refinement of the internal market. Special attention is given to competition policy and public procurement. Overall, economic governance in Austria was significantly “modernized” in the course of approaching and implementing EU membership. Although this contributed to a sustained improvement in competitiveness, Austria was in many respects lagging behind the comparative performances of Finland and Sweden.

Suggested Citation

  • Handler, Heinz, 2020. "Revamping Policy Governance in Austria: The EU’s impact 25 years on," MPRA Paper 110038, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:110038
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    References listed on IDEAS

    as
    1. Beetsma, Roel & Debrun, Xavier, 2016. "Fiscal Councils: Rationale and Effectiveness," CEPR Discussion Papers 11140, C.E.P.R. Discussion Papers.
    2. Hans Seidel, 2017. "Wirtschaft und Wirtschaftspolitik in der Kreisky-Ära," WIFO Studies, WIFO, number 60441, April.
    3. Heinz Handler & Michael Böheim & Martin Falk & Ewald Walterskirchen, 2004. "Strukturreformen in Österreich aus der Sicht der Lissabon-Agenda," WIFO Studies, WIFO, number 25330, April.
    4. Helmut Kramer, 1994. "Austria in the European Union (English Summary)," WIFO Monatsberichte (monthly reports), WIFO, vol. 67(5), pages 12-17, May.
    5. Yvonne Wolfmayr & Klaus S. Friesenbichler & Harald Oberhofer & Michael Pfaffermayr & Iulia Siedschlag & Mattia Di Ubaldo & Manuel Tong Koecklin & Weijie Yan, 2019. "The Performance of the Single Market for Goods After 25 Years," WIFO Studies, WIFO, number 61982, April.
    6. Handler, Heinz & Burger, Christina, 2002. "Competition and competitiveness in a new economy," MPRA Paper 44944, University Library of Munich, Germany.
    7. Heinz Handler, 2015. "Strategic Public Procurement: An Overview. WWWforEurope Policy Paper No. 28," WIFO Studies, WIFO, number 58552, April.
    8. Jens Høj & Miguel Jimenez & Maria Maher & Giuseppe Nicoletti & Michael Wise, 2007. "Product Market Competition in the OECD Countries: Taking Stock and Moving Forward," OECD Economics Department Working Papers 575, OECD Publishing.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Economic and fiscal governance; internal market; competition policy; public procurement; network industries; competitiveness;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure

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