Germany: Staff Report for the 2004 Article IV Consultation

Publication Date:

November 2, 2004

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The staff report for the 2004 Article IV Consultation on Germany highlights economic developments and policies. Profitability in nonfinancial firms has picked up, and corporate balance sheets are being repaired. On the policy front, Germany has made important headway over the past year in addressing deep-seated structural problems. The financial sector is recovering, and updated stress tests confirm the system’s resilience, but progress in market-driven restructuring has been slow. Notably, important strides have been made in pension and health care reform, and in reforming unemployment benefits.

Series:

Country Report No. 2004/341

Subject:

English

Publication Date:

November 2, 2004

ISBN/ISSN:

9781451810479/1934-7685

Stock No:

1DEUEA0032004

Pages:

58

Please address any questions about this title to publications@imf.org