... a well-developed market economy with a sizable - but falling - proportion of nationalized industry, an extensive social safety net, and a high standard of living. Austria's economy is closely integrated with Germany and other EU members - Austria joined the EU on 1 January 1995. Since the early 1980s, the Austrian economy has experienced stable growth. EU membership has had ... — The 1997 CIA World Factbook • United States. Central Intelligence Agency.
...
