[share_ebook] OECD Economic Surveys: Germany 2010 (Oced Economic Surveys) - OECD Organisation For Economic Co-operation And Development


Author: OECD Organisation For Economic Co-operation And Development

Date: April, 2010

Pages: 152

Publisher: OECD Publishing

Category: Business


Posted on 2012-01-31, by 4bookholic.

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OECD Economic Surveys: Germany 2010 (Oced Economic Surveys)


OECD Economic Surveys: Germany 2010 (Oced Economic Surveys)
OECD Organisation For Economic Co-operation And Development | OECD Publishing | April, 2010 | 152 pages | English | pdf

This 2010 edition of OECD's periodic survey of the German economy includes chapters covering emerging from the crisis, facilitating structural change and preventing long-term unemployment, bringing public finances back to a sustainable path, lessons from the financial crisis for the banking system, and structural reforms to lift potential growth in a globalised world. Table of Content : -Basic Statistics of Germany, 2008  -Executive summary  -Assessment and recommendations  Chapter 1. Emerging from the crisis -The economy is coming out of a deep crisis... -...and the recovery will be slow -Repairing the damage caused by the crisis -The strong growth of the export sector and the current account surplus -Drawing lessons from the crisis -Annex 1.A1. Progress in structural reform Chapter 2. Facilitating structural change and preventing long-term unemployment -Employment reacted with a long lag to the recession... -...but hours worked have been reduced significantly -Strict employment protection increases the risk of labour market duality -Preventing the buildup of long-term unemployment Chapter 3.  After the crisis: Bringing public finances back to a sustainable path -The economic crisis has reversed financial consolidation -A new fiscal rule will help to improve public finances... -...though its design may have to be refined -Compliance with the new fiscal rule requires fiscal consolidation... -...which has to be achieved through a combination of expenditure cuts... -....and revenue-raising measures -Improving the structure of the tax base Chapter 4. The banking system Lessons from the financial crisis -The banking sector was hit hard in the crisis -What factors led to the imapct of the crisis on German banks and how to fix them? Chapter 5. Structural reforms to lift potential growth in a globalised world -Considerable scope remains to lift potential growth -Economic dynamism needs to be consolidated in export sectors and broadened elsewhere... -... by making framework conditions more conducive to innovation and structural change -Product market regulation needs to become more competition friendly -Innovation should become less dependent on currently strong sectors -The education reform needs to continue -Immigration policy needs to make Germany more attractive to high-skilled foreigners -Annex 5.A1. What factors were behind the German export boom


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