Austria Ranks Third in EU Productivity Study

Politics ♦ Published: October 14, 2011; 19:38 ♦ (Vindobona)

The report points out structural weaknesses and suggests more effective public spending in the fields of education, research and innovation.

Austria Ranks Third in EU Productivity Study / Picture: © Wikimedia Commons / Alfred T. Palmer [Public Domain]

Among the 27 EU member states Austria has the third highest labor productivity per person employed in manufacturing. This is the result of the study “Industrial Policy: Reinforcing Competitiveness“ that was presented by the European Commission on Friday. Ireland ranks first, followed by the Netherlands.

“Austria scores well in the overall competitiveness…