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

February 27, 2008

Preview Citation

Format: Chicago

Germany: 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice; and Statement by the Executive Director for Germany, (USA: International Monetary Fund, 2008) accessed November 22, 2024

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.

Subject: Aging, Banking, Commercial banks, Cooperative banks, Employment, Financial institutions, Fiscal stance, Labor, Labor markets, Population and demographics

Keywords: Aging, Bundesbank, Commercial banks, Cooperative banks, CR, Debt data, Deficit, Employment, Europe, GDP projection, Global, Government, ISCR, Labor markets, Labor productivity growth, Potential GDP, Staff recommendation, Supervisory authority

Publication Details

Pages:

79
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/080
Stock No:

1DEUEA2008001
ISBN:

9781451810547
ISSN:

1934-7685

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