Germany : Staff Report for the 2004 Article IV Consultation

1DEUEA0032004 Image
Price:  $15.00

Release Date: © November, 2004
ISBN : 978-1-45181-047-9
Stock #: 1DEUEA0032004
English
Stock Status: On back-order

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Description

The staff report for the 2004 Article IV Consultation on Germany highlights economic developments and policies. Profitability in nonfinancial firms has picked up, and corporate balance sheets are being repaired. On the policy front, Germany has made important headway over the past year in addressing deep-seated structural problems. The financial sector is recovering, and updated stress tests confirm the system’s resilience, but progress in market-driven restructuring has been slow. Notably, important strides have been made in pension and health care reform, and in reforming unemployment benefits.




More publications in this series: IMF Staff Country Reports