Germany : 2013 Article IV Consultation

Publication Date: August 06, 2013
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Summary: This 2013 Article IV Consultation highlights that Germany’s economic rebound of 2010–11 gave way to weakening momentum during the course of 2012. Although exports to non-European trading partners began to recover by mid-2012, in line with improved prospects in the United States and emerging economies, exports to the rest of the euro area continued to decline as the recession in the region continued. Consumption grew robustly as German unemployment remained near post-reunification lows. The outlook for the remainder of 2013 and 2014 is heavily dependent on a gradual recovery in the rest of the euro area and a sustained reduction in uncertainty.
Series: Country Report No. 13/255
Subject(s): Article IV consultation reports | Economic growth | Fiscal policy | Fiscal reforms | Financial sector | Banks | Bank supervision | Economic indicators | Staff Reports | Press releases | Germany

Publication Date: August 06, 2013
ISBN/ISSN: 9781484399712/1934-7685 Format: Paper
Stock No: 1DEUEA2013001 Pages: 66
US$18.00 (Academic Rate:
US$18.00 )
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