Germany : 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Germany.

Germany's economy contracted by just under 5 percent in 2020, outperforming most European peers. But renewed waves of infections and associated lockdowns caused economic activity to plunge again in the first quarter of this year. While the pace of mass vaccination has picked up and the economy...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund. European Dept
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2021.
Colección:IMF Staff Country Reports; Country Report ; No. 2021/153
Materias:
Acceso en línea:Full text available on IMF
Descripción
Sumario:Germany's economy contracted by just under 5 percent in 2020, outperforming most European peers. But renewed waves of infections and associated lockdowns caused economic activity to plunge again in the first quarter of this year. While the pace of mass vaccination has picked up and the economy has started to reopen, the recovery path is beset with risks, particularly with respect to the progress of the pandemic and supply shortages in major industries. The authorities have maintained appropriately accommodative fiscal and financial policies, and most measures supporting households and firms have been extended through 2021.
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Descripción Física:1 online resource (78 pages)
Formato:Mode of access: Internet
ISSN:1934-7685
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students