Germany: Selected Issues

Publication Date:

February 27, 2008

Electronic Access:

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Summary:

Increases in core inflation owing to the VAT hike were smaller than expected, initially constituting a puzzle and leading to speculation about delayed increases or competitive pressures. Given Germany’s large size and openness, spillover interactions appear to have increased over time. In the midst of a strong recovery, Germany is facing shortages of labor, the emigration of high-skilled labor, and a reduction in immigration. Germany’s traditionally insider-dominated corporate governance system has undergone substantial reforms, leading to a pronounced strengthening of control by outsiders.

Series:

Country Report No. 2008/081

Subject:

English

Publication Date:

February 27, 2008

ISBN/ISSN:

9781451810554/1934-7685

Stock No:

1DEUEA2008002

Pages:

51

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