MIDT
Other political or pressure groups:
Federal Chamber of Commerce and Industry; Austrian Trade Union
Federation (primarily Socialist); three composite leagues of the
Austrian People's Party (OEVP) representing business, labor, and
farmers; OEVP-oriented League of Austrian Industrialists; Roman
Catholic Church, including its chief lay organization, Catholic Action
Member of:
AfDB, AG (observer), AsDB, Australia Group, BIS, CCC, CE, CEI, CERN,
COCOM (cooperating), CSCE, EBRD, ECE, EFTA, ESA, FAO, G-9, GATT, IADB,
IAEA, IBRD, ICAO, ICC, ICFTU, IDA, IEA, IFAD, IFC, ILO, IMF, IMO,
INTELSAT, INTERPOL, IOC, IOM, ISO, ITU, LORCS, MINURSO, MTCR, NAM
(guest), NEA, NSG, OAS (observer), OECD, ONUSAL, PCA, UN, UNCTAD,
UNESCO, UNDOF, UNFICYP, UNHCR, UNIDO, UNIKOM, UNOMIG, UNTAC, UNTSO,
UPU, WCL, WFTU, WHO, WIPO, WMO, WTO, ZC
Diplomatic representation in US:
chief of mission:
Ambassador Helmut TUERK
chancery:
3524 International Court NW, Washington, DC 20008-3035
telephone:
(202) 895-6700
FAX:
(202) 895-6750
consulate(s) general:
Chicago, Los Angeles, and New York
US diplomatic representation:
chief of mission:
Ambassador Swanee G. HUNT
chancery:
Boltzmanngasse 16, A-1091, Vienna
mailing address:
Unit 27937, Vienna
telephone:
[43] (1) 313-39
FAX:
[43] (1) 513-43-51
consulate(s) general:
Salzburg
Flag:
three equal horizontal bands of red (top), white, and red

@Austria, Economy

Overview:
Austria boasts a prosperous and stable socialist market economy with a
sizable but falling proportion of nationalized industry and extensive
welfare benefits. Thanks to its raw material endowment, a technically
skilled labor force, and strong links to German industrial firms,
Austria occupies specialized niches in European industry and services
(tourism, banking) and produces almost enough food to feed itself with
only 8% of the labor force in agriculture. Increased export sales
resulting from German unification, boosted Austria's economy through
1991, but Austria's GDP growth slowed to 2% in 1992 and -0.5% in 1993
due to the weak international economy, particularly in Germany - its
largest trading partner. GDP growth will resume slowly in 1994, with
estimates ranging from a 0.5% to a 1% increase. Unemployment has risen
to 7% as a result of the slowdown and will continue to rise in 1994.
Problems for the l990s include an aging population, the high level