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Assessing the Lisbon Strategy 2005-2010 and Estimating Expected Effects from Reaching the EU 2020 Goals

Author

Listed:
  • Stefan Ederer
  • Jürgen Janger
  • Serguei Kaniovski
  • Daniela Kletzan-Slamanig

    (Austrian Institute of Economic Research)

  • Johannes Berger
  • Ines Fortin
  • Helmut Hofer
  • Iain Paterson
  • Edith Skriner
  • Karin Schönpflug
  • Ulrich Schuh
  • Wolfgang Schwarzbauer

    (Institute for Advanced Studies)

Abstract

This study assesses the Austrian economic policy during the second half of the Lisbon Strategy period 2005-2010 and the economic effects to be expected from reaching the targets set within the framework for the new European growth strategy Europe 2020. In all of the areas targeted by the National Reform Programmes, the targets could either be reached or positive trends initiated to improve the conditions for growth and employment in Austria. In some areas, Austria is among the top performing countries within the EU, e.g., in the growth of its R&D ratio as well as in the unemployment rate. In other areas, notwithstanding positive trends, there is still some way to go to reach the targets or to improve conditions for growth and employment, such as in climate policy and in human resources for innovation. Reaching the targets of Europe 2020 could boost real GDP growth between 2010 and 2020 by 0.3 percentage point, a considerable effect which amounts to almost a sixth of trend GDP growth.

Suggested Citation

  • Stefan Ederer & Jürgen Janger & Serguei Kaniovski & Daniela Kletzan-Slamanig & Johannes Berger & Ines Fortin & Helmut Hofer & Iain Paterson & Edith Skriner & Karin Schönpflug & Ulrich Schuh & Wolfgang, 2011. "Assessing the Lisbon Strategy 2005-2010 and Estimating Expected Effects from Reaching the EU 2020 Goals," WIFO Studies, WIFO, number 41747, April.
    • Handle: RePEc:wfo:wstudy:41747
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    2. Karl Aiginger & Stefan Ederer & Margit Schratzenstaller, 2012. "Welfare, Wealth and Work for Europe – WWWforEurope: A New Development Strategy for Europe. Objective, Research Design and Project Consortium," Austrian Economic Quarterly, WIFO, vol. 17(3), pages 224-230, November.
    3. Jürgen Janger & Julia Bock-Schappelwein & Thomas Horvath & Ina Meyer, 2013. "Monitoring Austria's Efforts Within the Europe 2020 Strategy," WIFO Studies, WIFO, number 46950, April.
    4. Magdalena Olczyk, 2014. "Structural Heterogeneity Between Eu 15 And 12 New Eu Members – The Obstacle To Lisbon Strategy Implementation?," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 9(4), pages 21-43, December.

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