IMF Staff Country Reports

Germany: Staff Report for the 2003 Article IV Consultation

November 6, 2003

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Germany: Staff Report for the 2003 Article IV Consultation, (USA: International Monetary Fund, 2003) accessed September 20, 2024

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.

Subject: Commercial banks, Expenditure, Financial institutions, Fiscal policy, Housing, Labor, Unemployment, Wages

Keywords: Banking system, Commercial banks, CR, Deficit, Early retirement, Europe, Global, Government, Health care reform package, Ifo composite index, ISCR, Proceeds, Reform unemployment benefits, Retirement age, Staff appraisal, Subsidy, Wages

Publication Details

  • Pages:

    49

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2003/341

  • Stock No:

    1DEUEA0022003

  • ISBN:

    9781451810448

  • ISSN:

    1934-7685

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