Germany: Staff Report for the 2012 Article IV Consultation

July 3, 2012

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Format: Chicago

Germany: Staff Report for the 2012 Article IV Consultation, (USA: International Monetary Fund, 2012) accessed November 25, 2024

Summary

This 2012 Article IV Consultation reports that the German economy’s performance has been remarkable despite facing considerable headwinds. Several conditions are now in place in Germany for a domestic demand-led recovery. Employment creation has been robust and unemployment at 5.3 percent is at a postreunification low. Executive Directors have commended Germany’s strong macroeconomic management, which has resulted in a favorable economic performance despite the uncertain external environment. Directors have underscored Germany’s pivotal role in reducing euro area and global imbalances.

Subject: Banking, Commercial banks, Cooperative banks, Financial institutions, Financial sector policy and analysis, Financial sector stability, Labor, Labor markets, Loans

Keywords: Asia and Pacific, Bank restructuring law, Bond yield, Commercial banks, Cooperative banks, CR, Economy, Employment creation, Europe, Financial sector stability, Funding strategy, Global, Headline inflation, ISCR, Labor market bottleneck, Labor markets, Loans, Rate, Rebounding export market share, Ten-year government bond bond yield

Publication Details

Pages:

64
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/161
Stock No:

1DEUEA2012001
ISBN:

9781475506082
ISSN:

1934-7685

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