Germany: Selected Issues

Author: International Monetary Fund

Volume/Issue: Volume 2006 Issue 017

Publication date: January 2006

ISBN: 9781451810509

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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.

Business and Economics , Banks and Banking , Labor , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , ISCR , CR , balance sheet , bank , mittelstand company , General government balance sheet , labor income , trend GDP , balance sheet approach , Fiscal stance , Credit , Financial statements , Labor market regulations , Europe

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Summary

This Selected Issues paper attempts to analyze the end-point problem and improve the quality of potential GDP estimates for Germany. It projects that Germany’s potential GDP growth will slow over the coming decade, mainly because of declining labor input. The paper focuses on a long-term fiscal scenario for Germany based on current policies. The paper also attempts to construct a preliminary public sector balance sheet for Germany, and analyzes the performance of its nonfinancial corporate sector.