Germany : Recent Economic Developments.

This paper reviews economic developments in Germany during 1990-95. In early 1995, both western and eastern Germany seemed well poised to continue on their respective growth paths. However, the economy was then confronted by a sharp nominal appreciation of the deutsche mark-translating into a 5 1\2...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1995.
Series:IMF Staff Country Reports; Country Report ; No. 1995/100
Online Access:Full text available on IMF
Description
Summary:This paper reviews economic developments in Germany during 1990-95. In early 1995, both western and eastern Germany seemed well poised to continue on their respective growth paths. However, the economy was then confronted by a sharp nominal appreciation of the deutsche mark-translating into a 5 1\2 percent real effective appreciation between December 1994 and June 1995, most of it during February-which brought with it significant risks to exports and thereby to investment and to the recovery in general.
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Physical Description:1 online resource (85 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students