Description |
1 online resource (67 pages) : color illustrations |
Series |
IMF country reports ; 13/255 |
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IMF country report ; no. 13/255.
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Contents |
Cover; CONTENTS; CONTEXT: THE IMPACT OF EURO AREA UNCERTAINTY; RECENT DEVELOPMENTS AND OUTLOOK; A. From Rebound to Moderation; FIGURES; 1. Growth and Trade Developments; 2. Economic Activity and Uncertainty; BOXES; 1. What is the Effect of Uncertainty on Economic Activity in Germany?; B. Outlook and Risks: Contingent on Euro Area Uncertainty; REVIVING GROWTH IN AN UNCERTAIN ENVIRONMENT; A. Fiscal Policy; B. Financial Sector Policies; 3. Financial Sector Vulnerabilities; GERMANY AS AN ANCHOR OF REGIONAL STABILITY; 4. Credit Conditions; A. Maintaining External Stability; 2. Fiscal Spillovers |
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B. Germany and the Euro Area5. Current Account, Financial Flows, Savings and Investment; C. Structural Reforms to Raise and Diversify Growth; POINT AND COUNTERPOINT; STAFF APPRAISAL; TABLES; 1. Selected Economic Indicators, 2008-2014; 2. Statement of Operations of the General Government; 3. General Government Stock Positions; 4. Medium-Term Projections, 2010-2018; 5. Balance of Payments, 2009-2018; 6. Core Financial Soundness Indicators for Banks; 7. Additional Financial Soundness Indicators; 8. Summary of External Assessment Methodologies; ANNEXES |
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I. Authorities' Response to Past IMF Policy RecommendationsII. Main Outstanding 2011 FSAP Update Recommendations; CONTENTS; FUND RELATIONS; STATISTICAL ISSUES; IMF Executive Board Concludes 2013 Article IV Consultation with Germany; Executive Board Assessment; Statement by Steffen Meyer, Alternate Executive Director for Germany August 1, 2013; Recent developments and outlook; Germany, External Stability, and the Euro Area; Reviving Growth; Fiscal Policy; Structural Reforms; Financial sector policies |
Summary |
This 2013 Article IV Consultation highlights that Germany's economic rebound of 2010-11 gave way to weakening momentum during the course of 2012. Although exports to non-European trading partners began to recover by mid-2012, in line with improved prospects in the United States and emerging economies, exports to the rest of the euro area continued to decline as the recession in the region continued. Consumption grew robustly as German unemployment remained near post-reunification lows. The outlook for the remainder of 2013 and 2014 is heavily dependent on a gradual recovery in the rest of the euro area and a sustained reduction in uncertainty |
Notes |
Online resource; title from PDF title page (ebrary, viewed September 28, 2013) |
Subject |
Economic history
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Economic policy
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SUBJECT |
Germany -- Economic policy.
http://id.loc.gov/authorities/subjects/sh85054499
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Germany -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh85054493
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Subject |
Germany
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Form |
Electronic book
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ISBN |
9781475553949 |
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1475553943 |
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