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Germany: Selected Issues

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  • International Monetary Fund

Abstract

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.

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  • International Monetary Fund, 2008. "Germany: Selected Issues," IMF Staff Country Reports 2008/081, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2008/081
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    Cited by:

    1. Ms. Hélène Poirson & Mr. Sebastian Weber, 2011. "Growth Spillover Dynamics From Crisis to Recovery," IMF Working Papers 2011/218, International Monetary Fund.

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