{
  "title": "Germany: Staff Report for the 1999 Article IV Consultation",
  "publication": "IMF Staff Country Reports, November 8, 1999",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/germany-staff-report-for-the-1999-article-iv-consultation-3282",
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  "summary": "This 1999 Article IV Consultation highlights that the monetary conditions in Germany have eased significantly since late 1998, reflecting both policy actions and exchange rate developments.",
  "sections": [
    {
      "heading": "Monetary conditions and macroeconomic context",
      "content": "- Monetary conditions in Germany have eased significantly since late 1998, reflecting both policy actions and exchange rate developments.\n- Short-term interest rates:\n  - Reduced by the Bundesbank to 3 percent in December 1998.\n  - Reduced by the European Central Bank to 2½ percent in April 1999 (in the new context of European Monetary Union).\n- Exchange rate developments:\n  - The depreciation of the euro against other currencies since its inception in January 1999 has been supportive of activity."
    },
    {
      "heading": "Published materials and institutional notes",
      "content": "- Included with the Staff Report is the text of Public Information Notice No. 99/101--IMF Concludes Article IV Consultation with Germany.\n- Series and publication identifiers:\n  - Pages: 43\n  - Volume: 1999\n  - Issue: 129\n  - Series: Country Report No. 1999/129\n  - DOI: https://doi.org/10.5089/9781451810332.002\n  - Stock No: 1DEUEA0011999\n  - ISBN: 9781451810332\n  - ISSN: 1934-7685"
    },
    {
      "heading": "Thematic focus and keywords",
      "content": "- Subject areas highlighted:\n  - Labor, Labor costs, Labor markets, Social security contributions, Tax allowances, Taxes\n- Keywords included in the report metadata:\n  - CR, developments in the United States, emerging market crisis, Europe, financial market development, Global, IFO business climate index, ISCR, Labor costs, Labor markets, rate, Social security contributions, Tax allowances, wage, youth unemployment\n\nGermany: Staff Report for the 1999 Article IV Consultation, November 8, 1999\n\n---\n\n Content in this bundle\n\n- Germany: Staff Report for the 1999 Article IV Consultation-ISCR/99/129\n  - Germany: Staff Report for the 1999 Article IV Consultation-ISCR/99/129 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Germany: Staff Report for the 1999 Article IV Consultation-ISCR/99/129 (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
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    "Published: November 8, 1999",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451810332.002",
    "Monetary conditions in Germany have eased significantly since late 1998, reflecting both policy actions and exchange rate developments.",
    "Short-term interest rates:",
    "Exchange rate developments:",
    "Included with the Staff Report is the text of Public Information Notice No. 99/101--IMF Concludes Article IV Consultation with Germany.",
    "Series and publication identifiers:",
    "Subject areas highlighted:",
    "Keywords included in the report metadata:",
    "**Germany: Staff Report for the 1999 Article IV Consultation-ISCR/99/129**"
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