Germany: 2001 Article IV Consultation-Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

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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Körperschaft: International Monetary Fund (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 2001
Schriftenreihe:IMF Staff Country Reports Country Report No. 01/202
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Volltext
Zusammenfassung: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
Beschreibung:1 Online-Ressource (50 p)
ISBN:1451810350
9781451810356

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