000			03301nam a22004097u 4500
001			pwiiw4629
003			OSt
005			20260516120039.0
008			181017t2018 au ||||| |||| 00| ||eng d
040			_cOSt
041			_aeng
084			_aO18 _aR23 _aI23 _aJ11 _aJ31 _aO33 _2jelc
100	1		_aHanzl-Weiss, Doris
245	1	0	_aBRATISLAVA and VIENNA: Twin Cities with big Development Potentials
260			_aWien : _bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw), _c2018.
300			_a29 S., _b2 Table and 18 Figures, _c30cm.
490	1		_awiiw Policy Notes and Reports _v24
520			_aThe German version can be found here. The economies of Vienna and Bratislava have followed quite different development paths over the last decades. While Vienna’s population increased by about 20% within two decades, Bratislava’s population mostly stagnated. However, when measured in GDP per capita at purchasing power parties, average income in Bratislava has surpassed that of Vienna and is now among the top-10 leading regions in Europe. Massive foreign direct investment, particularly in the automotive sector, has created full employment in Bratislava. Nevertheless, Vienna, as one of the world’s most liveable cities, is still attracting more immigration and labour markets are in less favourable conditions. Transport infrastructure between the two close cities has only recently been improving, which has left considerable scope for further reductions in travel time. Regional cooperation is under way and should be reinforced in order to meet the challenges ahead. Mass-emigration of young Slovaks over the last decades will lead to a rapid ageing in Slovakia over the next decades and the working age population is expected to shrink by almost a third by the end of the century, while Austria’s will mostly stagnate. By creating a truly common labour market in the twin-city region, Bratislava could solve the problem of labour shortages and Vienna could solve its youth unemployment problem. Policy recommendations in this respect include inter alia a more substantial improvement of intercity public transport; common educational planning and training programmes; and, commuter allowances during the nominal wage-equalisation-transition. Other major long-run challenges are the ongoing processes of digitalisation and robotisation. Here, policy recommendations include projects of innovation cooperation; coordination of innovation oriented public procurement; and, improvement of transport infrastructure to connect the twin-city region with the rest of the world in order to reap potential future gains from increased economies of scale.
650			_aBratislava
650			_aVienna
650			_aurban development
650			_aregional labour markets
650			_aeducation
650			_aR&D
650			_ademographic trends
650			_awage differentials
650			_atechnological change
651			_aAustria
651			_aSlovakia
690			_aLabour, Migration and Income Distribution
690			_aInternational Trade, Competitiveness and FDI
700	1		_aHolzner, Mario
700	1		_aRömisch, Roman
830		0	_v24 _wWIIW0000092 _twiiw Policy Notes and Reports
856	4	0	_uhttps://wiiw.ac.at/p-4629.html
942			_cP
999			_c8552 _d8552