Helping the Austrian business sector to cope with new opportunities and challenges in Austria:
The economic shock induced by the COVID-19 pandemic is accelerating structural changes and is posing new challenges. Austria faces wider growth opportunities and new adjustment challenges related notably to two major structural transformations: transition to carbonless growth and the generalisation...
Gespeichert in:
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Weitere Verfasser: | , |
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2022
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Schriftenreihe: | OECD Economics Department Working Papers
no.1706 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | The economic shock induced by the COVID-19 pandemic is accelerating structural changes and is posing new challenges. Austria faces wider growth opportunities and new adjustment challenges related notably to two major structural transformations: transition to carbonless growth and the generalisation of more advanced forms of digitalisation. These imply new entries and exits in the business sector, more capital and labour re-allocations and greater geographic mobility of labour. A better activation of the existing talent pool, in particular female, elderly and migrant workers is also needed to address the ageing of the society. In this context public policies should aim at further stimulating business dynamism by facilitating market entries; supporting firms' capacity to invest by helping strengthen their balance sheets; better adapting skills to jobs for all categories of workers; and providing the right incentives to R&D to boost long-term innovation. |
Beschreibung: | 1 Online-Ressource (62 p.) 21 x 28cm. |
DOI: | 10.1787/b5cd3c24-en |
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spelling | Dlugosch, Dennis VerfasserIn aut Helping the Austrian business sector to cope with new opportunities and challenges in Austria Dennis, Dlugosch, Michael, Abendschein and Eun Jung, Kim Paris OECD Publishing 2022 1 Online-Ressource (62 p.) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.1706 The economic shock induced by the COVID-19 pandemic is accelerating structural changes and is posing new challenges. Austria faces wider growth opportunities and new adjustment challenges related notably to two major structural transformations: transition to carbonless growth and the generalisation of more advanced forms of digitalisation. These imply new entries and exits in the business sector, more capital and labour re-allocations and greater geographic mobility of labour. A better activation of the existing talent pool, in particular female, elderly and migrant workers is also needed to address the ageing of the society. In this context public policies should aim at further stimulating business dynamism by facilitating market entries; supporting firms' capacity to invest by helping strengthen their balance sheets; better adapting skills to jobs for all categories of workers; and providing the right incentives to R&D to boost long-term innovation. Economics Austria Abendschein, Michael MitwirkendeR ctb Kim, Eun Jung MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/b5cd3c24-en Volltext |
spellingShingle | Dlugosch, Dennis Helping the Austrian business sector to cope with new opportunities and challenges in Austria Economics Austria |
title | Helping the Austrian business sector to cope with new opportunities and challenges in Austria |
title_auth | Helping the Austrian business sector to cope with new opportunities and challenges in Austria |
title_exact_search | Helping the Austrian business sector to cope with new opportunities and challenges in Austria |
title_full | Helping the Austrian business sector to cope with new opportunities and challenges in Austria Dennis, Dlugosch, Michael, Abendschein and Eun Jung, Kim |
title_fullStr | Helping the Austrian business sector to cope with new opportunities and challenges in Austria Dennis, Dlugosch, Michael, Abendschein and Eun Jung, Kim |
title_full_unstemmed | Helping the Austrian business sector to cope with new opportunities and challenges in Austria Dennis, Dlugosch, Michael, Abendschein and Eun Jung, Kim |
title_short | Helping the Austrian business sector to cope with new opportunities and challenges in Austria |
title_sort | helping the austrian business sector to cope with new opportunities and challenges in austria |
topic | Economics Austria |
topic_facet | Economics Austria |
url | https://doi.org/10.1787/b5cd3c24-en |
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