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Cornelia Dlabaja

Inequality, Poverty and Prosperity in Austria

by Cornelia Dlabaja, Julia Hofmann and Alban Knecht

Austria has long been known for its high standard of living. Its gross national product per capita is USD 51,300, putting Austria thirteenth in a 2014 worldwide ranking (World Bank 2015), while Vienna, Austria’s capital, topped global quality of living rankings in 2015 and 2016. With a long tradition of municipal housing, Vienna has achieved a certain social stability until now. However, this does not mean that everyone is rich or well-situated in...

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