Germany: Selected Issues

International Monetary Fund

No 2006/436, IMF Staff Country Reports from International Monetary Fund

Abstract: For more than a decade, growth in Germany has been subdued and uneven. This paper introduces the stylized facts pertaining to the strength in exports, the weakness in domestic demand, and the surge in the current account. It discusses the adjustment undertaken in the private sector and its impact on exports and domestic demand, followed by fiscal and monetary policies and their macroeconomic impact. Finally, structural impediments accelerating capital exports and the rising current account surplus are outlined.

Keywords: ISCR; CR; firm; Germany; tax treatment; tax rate; service sector; cost of capital; market failure; LB Berlin; export sector; growth effect; banking system; LB Hessen-Thüringen; private sector; Corporate income tax; Personal income tax; Commercial banks; Global; Europe; Eastern Europe (search for similar items in EconPapers)
Pages: 100
Date: 2006-12-14
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Citations: View citations in EconPapers (4)

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