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Germany: Recent Economic Developments

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  • International Monetary Fund

Abstract

This paper reviews economic developments in Germany during 1990–95. In early 1995, both western and eastern Germany seemed well poised to continue on their respective growth paths. However, the economy was then confronted by a sharp nominal appreciation of the deutsche mark—translating into a 5½ percent real effective appreciation between December 1994 and June 1995, most of it during February—which brought with it significant risks to exports and thereby to investment and to the recovery in general.

Suggested Citation

  • International Monetary Fund, 1995. "Germany: Recent Economic Developments," IMF Staff Country Reports 1995/100, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:1995/100
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