Austria, officially the Republic of Austria, is a landlocked country in Central Europe with a population of around 9 million people. It is a federation of nine states, one of which is the capital, Vienna. Austria is a member of the European Union and has a social market economy. It is bordered by Germany, the Czech Republic, Slovakia, Hungary, Slovenia, Italy, Switzerland, and Liechtenstein. The country has a rich history, having been a major imperial power in Central Europe for centuries until the fall of the Habsburg dynasty after World War I. Today, Austria is known for its neutral status during the Cold War, its beautiful landscape, and its cultural offerings, including its famous music and cuisine.
What You'll Learn
- Austria is a landlocked country in Central Europe with a population of around 9 million
- It is a federation of nine states, including Vienna, which is the capital and most populous city
- Austria is a semi-presidential representative democracy with a popularly elected president and a chancellor as head of government
- The country has a high GDP per capita and high living standards
- Austria is a member of the European Union and World Trade Organization
Austria is a landlocked country in Central Europe with a population of around 9 million
Austria, a landlocked country in Central Europe, has a population of around 9 million people. It is a federation of nine states, including the capital, Vienna, which is the most populous city. The country is bordered by Germany, the Czech Republic, Slovakia, Hungary, Slovenia, Italy, Switzerland, and Liechtenstein. With a total area of 83,879 square kilometres, Austria is largely mountainous, with the Austrian Alps forming the physical backbone of the country.
Austria has a rich history, dating back to the Paleolithic period. Over the centuries, it has been inhabited by various civilisations, including the Celts and the Romans. In the first millennium, it emerged as a unified state and became a major imperial power in Central Europe. After the fall of the Habsburg dynasty following World War I, Austria's significance remained due to its geographical heart of Europe and its neutral status during the Cold War.
Today, Austria is a federal parliamentary republic with a chancellor as the head of government and a president as the head of state. It has a stable democracy and a social market economy. The country is known for its high standard of living and ranks fifth in the European Union in terms of GDP per capita. Austria is a member of several international organisations, including the European Union, the Organisation for Security and Co-operation in Europe, and the Organisation of Petroleum Exporting Countries.
The country is also known for its cultural offerings, with Vienna being renowned for its architecture. German is the official language, but other languages like Hungarian, Slovene, and Burgenland Croatian are also spoken. Austria has a diverse landscape, from the majestic mountains of the Austrian Alps to the lakes and lowlands in the east. Overall, Austria is a beautiful and prosperous country with a rich history and culture.
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It is a federation of nine states, including Vienna, which is the capital and most populous city
Austria is a federation of nine states, each of which exercises executive power. The nine states are:
- Vienna, the capital and most populous city
- Burgenland
- Carinthia
- Lower Austria
- Upper Austria
- Salzburg
- Styria
- Tyrol
- Vorarlberg
Vienna is the country's largest city, with over 2 million inhabitants, and is known for its rich cultural offerings and high standard of living. It is also the seat of the historic Holy Roman Empire and renowned for its architecture.
Austria's Parliament consists of two chambers: the Nationalrat (Lower House) and the Bundesrat (Upper House). The Nationalrat is the dominant chamber and is made up of 183 seats, with members directly elected every five years. The Bundesrat is elected by regional parliaments and has a limited right of veto.
Austria's head of state is the president, who is directly elected by popular vote. The chancellor, currently Karl Nehammer, is the head of the government and is tasked with forming a government based on the partisan composition of the Nationalrat.
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Austria is a semi-presidential representative democracy with a popularly elected president and a chancellor as head of government
Austria is a semi-presidential representative democracy, with a popularly elected president as head of state and a chancellor as head of government and chief executive. The president is directly elected by popular majority vote, with a run-off between the top-scoring candidates if necessary. The chancellor is selected by the president and tasked with forming a government based on the partisan composition of the lower house of parliament. The government can be removed from office by either a presidential decree or a vote of no confidence in the lower chamber of parliament.
Austria's parliament consists of two chambers. The composition of the lower house, the Nationalrat, is determined every five years by a general election in which every citizen over the age of 16 has the right to vote. The upper house, the Bundesrat, is elected by regional parliaments and has a limited right of veto.
Austria's political system is federal and representative, with both regional and federal governments exercising executive power. The country consists of nine states (Bundesländer), one of which is the capital, Vienna, the most populous city and state.
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The country has a high GDP per capita and high living standards
Austria has the 13th highest nominal GDP per capita and high living standards. The country ranks fifth in the European Union in terms of GDP per capita, with €46,200, well above the EU average of €37,600. It accounts for 2.8% of the EU's total GDP. Austria was one of the top ten fastest-growing trade partners and foreign direct investors for the US as of 2019. The country has a stable, free, and democratic social market economy.
Austria's high GDP per capita and living standards can be attributed to its geographic position. The country is at the centre of European traffic between east and west along the great Danubian trade route and between north and south through the magnificent Alpine passes. This embeds Austria within a variety of political and economic systems.
Austria's high living standards can also be attributed to its decades of post-war neutrality. The country is home to many international organisations, including the Organisation for Security and Co-operation in Europe, the International Atomic Energy Agency, and the Organisation of Petroleum Exporting Countries.
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Austria is a member of the European Union and World Trade Organization
Austria is a member of the European Union (EU) and the World Trade Organization (WTO). Austria's membership in the EU has had a significant impact on the country's foreign and European policies, allowing it to advocate for its interests within the EU's decision-making structures. Austria joined the EU in 1995, and its representatives actively participate in various EU institutions and contribute to the decision-making process.
The World Trade Organization, on the other hand, is the only international organization that deals with the rules of trade between nations. The WTO agreements form the core of the organization, negotiated and signed by most of the world's trading nations. The primary purpose of the WTO is to promote trade for the benefit of all, aiming to improve people's living standards, create better jobs, and foster sustainable development.
Austria's involvement in both the EU and WTO has influenced its economic landscape. Austria's economy has benefited significantly from its participation in the EU's single market, and its foreign trade has flourished due to the country's integration within the union. Additionally, the WTO's focus on facilitating smooth and predictable trade has likely contributed to Austria's economic growth and development.
Austria's membership in these organizations showcases its commitment to international cooperation, economic integration, and the promotion of trade for mutual benefit.
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