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Competition Policy in the Wake of the Economic Crisis

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  • Michael Böheim

    (WIFO)

Abstract

Scandinavian countries are pursuing a successful two-pronged economic policy strategy with a focus on future-orientated investment and competition which could serve as a model for Austria. While the need to close the gap in Austrian economic policy in terms of future-orientated investment has been recognised, the intensification of competition as a possible tool has been neglected. The strengthening of competition, in the framework of a consolidation of the public budget, represents an attractive economic policy option to increase growth and employment in Austria. Competitiveness could be sustainably strengthened through a proactive orientation of overall competition policy that phases out competition-distorting regulations and subsidies as well as through privatisations.

Suggested Citation

  • Michael Böheim, 2010. "Competition Policy in the Wake of the Economic Crisis," Austrian Economic Quarterly, WIFO, vol. 15(4), pages 349-363, December.
    • Handle: RePEc:wfo:wquart:y:2010:i:4:p:349-363
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    References listed on IDEAS

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