IMF Staff Country Reports

Germany: Selected Background Issues

Publication Date:

October 23, 1995

Summary:

This Selected Background Issues paper examines the process of international financial integration in Germany, focusing on both banking and securities markets. The examination is useful both because of the size and importance of Germany’s economy and because of the structure of its financial markets, which rely on bank-based finance as opposed to securities-based finance to a greater extent than most other major industrial countries. The paper examines the data demonstrating the increased internationalization of German financial markets. It also considers measures taken by authorities to facilitate the internationalization process.

Series:

Country Report No. 1995/101

Subject:

Employment Income Labor Labor markets National accounts Unemployment Wages

Notes:

This background paper on Germany was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.