Germany: Staff Report for the 2003 Article IV Consultation

Volume/Issue: Volume 2003 Issue 341
Publication date: November 2003
ISBN: 9781451810448
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
English
Prices in red indicate formats that are not yet available but are forthcoming.
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.

Banks and Banking , Labor , Economics- Macroeconomics , Public Finance , ISCR , CR , deficit , government , proceeds , retirement age , subsidy , Ifo composite index , reform unemployment benefits , health care reform package , banking system , staff appraisal , early retirement , Commercial banks , Wages , Global , Europe

Summary

The 2003 Article IV Consultation discussions took place against a backdrop of serious concerns about the health and prospects for the economy. The authorities saw the revised policy strategy as providing an important boost to confidence and the right balance of supply-side initiatives and demand-side support to revitalize growth. The key challenge in the financial sector is to maintain a healthy balance between competition and financial stability. The authorities have made progress in bringing key elements of their reform program closer to implementation.