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

An Assessment Using the Global Fiscal Model

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, largely owing to the stimulating effect of other tax... READ MORE...

Publication date: February 2007
ISBN 9781451866100
$18.00

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