Estimated Reading Time: 5 minutes In July 2024, the OECD (Organisation for Economic Co-operation and Development) issued a comprehensive report for Austria (OECD’s 2024 Recommendations for Austria), highlighting several areas for reform to create a more growth-friendly tax system and reduce national debt. Key areas identified for reform include pensions, health, climate policy, education, and childcare. Additionally, the report underscores the importance of addressing the shortage of professional workforce, adapting to rapid technological changes, and fostering openness towards international experts.
Dr. Javad Zarbakhsh, Cademix Institute of Technology
