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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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2007.
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Series: | IMF Working Papers; Working Paper ;
No. 2007/046 |
Online Access: | Full text available on IMF |