25 April 2013
The study, presented by IIASA’s Wolfgang Lutz and Elke Loichinger on 24 April, examined potential scenarios for Vienna’s development, exploring the outcomes of different policies for education, working, migration, and health, and compared the results to projected developments in Austria. The study showed that improved education and a higher retirement age could help the social security system to cope with demographic change. As more educated people tend to live longer, healthier lives, they would be more likely to be able and willing to work longer.
Intelligent migration policies will also be vital for improving Austria’s global competitiveness. Encouraging immigration of skilled workers, and aggressively pursuing education for those already in the country, are crucial steps in order to prepare society for the foreseen changes in its age structure, the study showed.
Future.monitor, a cooperation between the Austrian Federation of Industry (IV), the Austrian Red Cross, and the University of Economics and Business (WU), uses methods developed at IIASA to predict Austria’s future social and economic outlook. The first results from the project, projections for Austria as a whole, were initially released in 2010 and updated now, along with the addition of separate projections for Vienna. The past as well as the new projections rely on a population-based approach, which means that they focus on people as the basis for predictions, rather than on economic indicators. These projections provide information about not just the number of people, but also education levels, employment, and migration.
More information is available at www.futuremonitor.at (In German).
Last edited: 25 April 2013
International Institute for Applied Systems Analysis (IIASA)
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