Germany: Selected Issues

February 27, 2008

Preview Citation

Format: Chicago

Germany: Selected Issues, (USA: International Monetary Fund, 2008) accessed November 23, 2024

Summary

Increases in core inflation owing to the VAT hike were smaller than expected, initially constituting a puzzle and leading to speculation about delayed increases or competitive pressures. Given Germany’s large size and openness, spillover interactions appear to have increased over time. In the midst of a strong recovery, Germany is facing shortages of labor, the emigration of high-skilled labor, and a reduction in immigration. Germany’s traditionally insider-dominated corporate governance system has undergone substantial reforms, leading to a pronounced strengthening of control by outsiders.

Subject: Corporate governance, Economic sectors, Inflation, Labor, Migration, Population and demographics, Prices, Skilled labor, Taxes, Value-added tax

Keywords: Core inflation, Corporate governance, CR, Durable goods, Emigration survey, EU member states, Europe, Global, Immigration restriction, Inflation, ISCR, Life-cycle earnings dynamics, Migration, Price, Rate, Skilled labor, Value-added tax, VAT hike

Publication Details

Pages:

51
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/081
Stock No:

1DEUEA2008002
ISBN:

9781451810554
ISSN:

1934-7685

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