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Bundeshaushalt und Staatsschuld in der COVID-19-Krise. Bundesvoranschlag 2021 und Mittelfristiger Finanzrahmen 2021 bis 2024

Author

Listed:
  • Simon Loretz
  • Hans Pitlik

    (WIFO)

  • Margit Schratzenstaller-Altzinger

Abstract

Unsicherheiten über die Entwicklung der gesamtwirtschaftlichen und der epidemiologischen Rahmenbedingungen prägen die Budgeterstellung für 2021 bis 2024. Zur Abfederung der ökonomischen und sozialen Folgen der COVID 19-Krise setzte die Bundesregierung eine Reihe von Maßnahmen, deren Kosten zu einem Rekorddefizit 2020 beitrugen und weiterhin zu einem drastischen Anstieg der gesamtstaatlichen Schuldenquote auf bis zu 85% des BIP (2022) führen werden. Langfristig sollte die hohe Schuldenlast abgebaut werden; das anhaltend niedrige Zinsniveau begünstigt jedoch ein reduziertes Tempo der fiskalischen Konsolidierung und erlaubt es auch, teilweise auf ein "Herauswachsen" aus der Verschuldung zu setzen.

Suggested Citation

  • Simon Loretz & Hans Pitlik & Margit Schratzenstaller-Altzinger, 2021. "Bundeshaushalt und Staatsschuld in der COVID-19-Krise. Bundesvoranschlag 2021 und Mittelfristiger Finanzrahmen 2021 bis 2024," WIFO Monatsberichte (monthly reports), WIFO, vol. 94(1), pages 53-65, January.
    • Handle: RePEc:wfo:monber:y:2021:i:1:p:53-65
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    References listed on IDEAS

    as
    1. Olivier Blanchard, 2019. "Public Debt and Low Interest Rates," American Economic Review, American Economic Association, vol. 109(4), pages 1197-1229, April.
    2. Simon Loretz & Hans Pitlik & Margit Schratzenstaller-Altzinger, 2020. "Budgeterstellung in Österreich während des Ausbruchs der COVID-19-Pandemie," WIFO Monatsberichte (monthly reports), WIFO, vol. 93(5), pages 355-361, May.
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    5. Havlik, Annika & Heinemann, Friedrich, 2020. "Sliding down the slippery slope? Trends in the rules and country allocations of the Eurosystem's PSPP and PEPP," ZEW Expert Briefs 20-11, ZEW - Leibniz Centre for European Economic Research.
    6. Josef Baumgartner & Walter Hyll & Hans Pitlik & Stefan Schiman-Vukan, 2020. "Makroökonomische Effekte des zweiten Lockdown in Österreich," WIFO Research Briefs 17, WIFO.
    7. Olivier J Blanchard, 2019. "Public Debt: Fiscal and Welfare Costs in a Time of Low Interest Rates," Policy Briefs PB19-2, Peterson Institute for International Economics.
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    Cited by:

    1. Christoph Badelt, 2021. "Österreichs Wirtschaftspolitik in COVID-19-Zeiten und danach. Eine Einschätzung zur Jahreswende 2020/21," WIFO Monatsberichte (monthly reports), WIFO, vol. 94(1), pages 3-23, January.
    2. Christoph Badelt, 2021. "Austria's Economic Policy in the Time of COVID-19 and Beyond. An Assessment at the Turn of the Year 2020-21," WIFO Reports on Austria, WIFO, issue 1, January.

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