Germany : Staff Report for the 2012 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

July 3, 2012

Electronic Access:

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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.

Series:

Country Report No. 12/161

Subject:

English

Publication Date:

July 3, 2012

ISBN/ISSN:

9781475506082/1934-7685

Stock No:

1DEUEA2012001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

64

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