Derstandard (Austria):
Globaler Vergleich: Osterreich verschlaft Pensionsreformen/ Global comparison: Austria overseats pension reforms
5 December 2017
The skepticism about future growth potential is becoming international. Stanford economist Nicholas Bloom recently pointed out that innovation as a growth engine has become increasingly costly. "What worries me most is our pension systems and budget deficits," says Bloom. The policy looks back 20 to 30 years and assume that the next decades are going similarly well. That could give a rude awakening.