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Forum Finanz: Ageing, the crisis and their consequences for fiscal sustainability in Austria

Public finances and social systems face considerable challenges in the coming decade. Currently prevailing are those arising from the present financial and economic crisis. As a result, public debt levels are expected to soar to new historic levels, as substantial fiscal measures for stimulating the economy and for stabilising financial markets are in place and as automatic fiscal stabilization leads to lower revenues and higher social expenditures.

Moreover, the ageing of populations will exert a significant additional burden on future public budgets as age-related expenditures in Austria as well as in most other EU Member States are expected to increase. These circumstances call for intensified discussions: how can we maintain fiscal sustainability of public finances and social systems whilst preserving the adequacy of social services?

G. Carone will present the main findings of the 2009 edition, “Ageing Report: Economic and budgetary projections for the EU-27”. Followed by V. Laine who will give an overview of the main results of the recently published “Sustainability Report 2009: Sustainability of public finances for a recovering EU economy”. And finally B. Marin who will speak about “Ageing, the crisis, and fiscal sustainability: Austria in a comparative perspective”[1].

Workshop Language: English.

Das Bundesministerium für Finanzen lädt im Zusammenwirken mit dem European Centre for Social Welfare Policy and Research am

• Freitag, den 4. Dezember 2009, um 9.00 Uhr in das
• Bundesministerium für Finanzen
• Hintere Zollamtsstraße 2b
• 1030 Wien

zu der Veranstaltung "Ageing, the crisis and their consequences for fiscal sustainability in Austria" ein.

Um Anmeldung mittels E-Mail an Post.V-7@bmf.gv.at wird gebeten. Für eventuelle Rückfragen erreichen Sie uns unter der Telefonnummer: 01/514 33-501030

Hinweis: Im Rahmen der Veranstaltung werden Foto- und Videoaufnahmen für interne Medien der Finanzverwaltung angefertigt.

[1] a study by B. Marin, M. Fuchs, R. Rodrigues, A. Zaidi and E. Zolyomi.

Downloads

•   Ageing, the crisis and their Consequences for fiscal sustainability in Austria - Zaidi   (1081 KB)
•   Austria in a Comparative Perspective - Rodrigues   (271 KB)
•   Assessing the economic and budgetary consequences of ageing populations - Giuseppe Carone   (412 KB)
•   Sustainability Report – 2009 von Veli Laine   (386 KB)
•   Pension Policy Options Austria - Marin   (797 KB)
•   Comment - Margit Schratzenstaller   (147 KB)
•   Discussion Input - Caroline Haberfellner   (89 KB)

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