Germany : Staff Report for the 2001 Article IV Consultation.

The German economy has been experiencing as many setbacks as achievements. Continued wage moderation will be essential to aid recovery. Macroeconomic policies are limited by euro area constraints and the sizable public debt burden. Expenditure restraint is the cornerstone of the fiscal adjustment st...

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Podrobná bibliografie
Korporativní autor: International Monetary Fund
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2001.
Edice:IMF Staff Country Reports; Country Report ; No. 2001/202
On-line přístup:Full text available on IMF
Popis
Shrnutí:The German economy has been experiencing as many setbacks as achievements. Continued wage moderation will be essential to aid recovery. Macroeconomic policies are limited by euro area constraints and the sizable public debt burden. Expenditure restraint is the cornerstone of the fiscal adjustment strategy. Labor market rigidities have proved the most intractable structural problem. Germany's record on product market liberalization is favorable and the reform momentum should be kept up. The quality of Germany's statistics is more than adequate for the purpose of effective surveillance.
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Fyzický popis:1 online resource (50 pages)
Médium:Mode of access: Internet
ISSN:1934-7685
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