Germany: 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice; and Statement by the Executive Director for Germany

Author: International Monetary Fund

Volume/Issue: Volume 2008 Issue 080

Publication date: February 2008

ISBN: 9781451810547

$20.00

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Labor , Economics- Macroeconomics , Demography , ISCR , CR , government , deficit , Bundesbank , labor productivity growth , staff recommendation , debt data , potential GDP , supervisory authority , GDP projection , Commercial banks , Cooperative banks , Labor markets , Aging , Employment , Global , Europe

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Peru

Grenada

Nepal

Republic of Congo : 2001 Article IV

Summary

The German economy has made major strides, helped by wide-ranging reforms. Greater transparency and stronger incentives for prudent action will support crisis prevention and management. The immediate priorities are preserving the integrity of the financial system and maintaining economic confidence. Policy on banking sector restructuring should be mindful of, and consistent with, the forces of international financial integration. Stepping up productivity is the key to sustaining growth. Further efforts are needed to bolster and reinforce commendable gains in fiscal outcomes.