Tax Reform and Debt Sustainability in Germany : An Assessment Using the Global Fiscal Model /

In 2005, the German government announced a far-reaching fiscal adjustment program. This paper uses the IMF's Global Fiscal Model to study its impact and explores options for addressing long-term pressures from population aging. The growth effects of the planned VAT increase are likely modest, l...

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Bibliographic Details
Main Author: Botman, Dennis
Other Authors: Danninger, Stephan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/046
Online Access:Full text available on IMF