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Germany: 2010 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Germany

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  • International Monetary Fund

Abstract

This 2010 Article IV Consultation highlights that the German economy is regaining the ground lost in the crisis. Policy support, restocking, and an uptick in global demand have lifted the economy from the recession. The authorities used the available fiscal space to implement countercyclical policy measures. Financial sector measures helped stabilize financial markets and mitigated systemic risk, but vulnerabilities remain. Executive Directors have welcomed the authorities’ fiscal strategy that combines short-term support for the economy with a firm commitment to fiscal consolidation in the medium term.

Suggested Citation

  • International Monetary Fund, 2010. "Germany: 2010 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Germany," IMF Staff Country Reports 2010/085, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2010/085
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=23762
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    Cited by:

    1. Maciej Krzak & Grzegorz Poniatowski & Katarzyna Wasik, 2014. "Measuring financial stress and economic sensitivity in CEE countries," CASE Network Reports 0117, CASE-Center for Social and Economic Research.
    2. Paul J. J. Welfens, 2016. "Overcoming the euro crisis and prospects for a political union," International Economics and Economic Policy, Springer, vol. 13(1), pages 59-103, January.
    3. Paul Welfens, 2011. "From the transatlantic banking crisis to the euro crisis?," International Economics and Economic Policy, Springer, vol. 8(1), pages 15-29, April.
    4. Ping, Luo, 2011. "The Current State of the Financial Sector and the Regulatory Framework in Asian Economies—The Case of the People’s Republic of China," ADBI Working Papers 310, Asian Development Bank Institute.
    5. Maka Chitanava & Maya Grigolia & Lasha Labadze, 2011. "Public Expenditures on Education and Health in Georgia before and during the Global Crisis," CASE Network Reports 0101, CASE-Center for Social and Economic Research.
    6. Morris Goldstein, 2011. "Integrating Reform of Financial Regulation with Reform of the International Monetary System," Working Paper Series WP11-5, Peterson Institute for International Economics.
    7. Colin Busby & William B.P. Robson, 2011. "Impulse Spending: Canada's 2011 Fiscal Accountability Rankings," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 142, September.

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