Germany: Recent Economic Developments and Selected Issues

October 28, 1996

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Format: Chicago

Germany: Recent Economic Developments and Selected Issues, (USA: International Monetary Fund, 1996) accessed November 27, 2024

Summary

This Recent Economic Developments and Selected Issues paper highlights that Germany’s recovery from the 1993 recession, which had already been weaker than the previous three recoveries, stalled in the third quarter of 1995; output subsequently contracted in the fourth quarter of 1995 and first quarter of 1996. After rising by almost 3 percent in 1994 and at an annual rate of 2½ percent (seasonally adjusted) during the first half of 1995, real GDP stagnated in the third quarter and fell by 0.6 percent (seasonally adjusted, annual rate) in the fourth quarter of 1995.

Subject: Expenditure, Income, Labor, National accounts, Unemployment, Wages

Keywords: Central and Eastern Europe, Construction boom, CR, Discount rate, Excess demand, Exchange rate, Federal budget, First quarter, Income, ISCR, Labor market, Nominal GDP, Real GDP, Sick pay, Unemployment, Unemployment rate, Wages

Publication Details

Pages:

175
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1996/111
Stock No:

1DEUEA0011996
ISBN:

9781451810301
ISSN:

1934-7685

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