TARGET GROUP | Decision makers in ministries of economy or finance, members of parliament, and regulatory agencies.
DESCRIPTION | This one-week course discusses specific issues of good governance and structural reforms. The presentations draw on the ongoing political and academic discussions in the global economy, with emphasis on member states of the European Union and candidate countries, and on Austria’s reform process and experience. However, attention is given to their general applicability to participants’ home countries. The course also looks at other specific cases and experiences and highlights practical issues. It examines the regulatory role of the state, in which the quality of public governance and especially the establishment of the rule of law is important. Lecturers analyze reform goals and instruments in the context of the interrelationship between the public sector and markets, domestic and external. The strengths and weaknesses of particular reform strategies and the conditions for their successful implementation are examined. Also analyzed are the most important and demanding structural reforms being faced by prospective EU members, and the more advanced reform problems on the agenda of transition economies. Specific issues of structural reforms in the areas of infrastructure, privatization, education and social security (e.g., pension and health reforms), as well as labor markets are covered in more detail.