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Germany. Germany's focus on actual, rather than cyclically adjusted, fiscal goals and outcomes carries the risk of rendering …
Persistent link: https://www.econbiz.de/10014402356
considerable headwinds. Several conditions are now in place in Germany for a domestic demand-led recovery. Employment creation has … been robust and unemployment at 5.3 percent is at a postreunification low. Executive Directors have commended Germany … environment. Directors have underscored Germany’s pivotal role in reducing euro area and global imbalances …
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This 1999 Article IV Consultation highlights that the monetary conditions in Germany have eased significantly since …
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The paper addresses issues that arise in designing a framework for inflation targeting, with particular attention to features of the Bank of England's approach and experience. The comparison of welfare reform in the United Kingdom with similar efforts in other countries is discussed. The paper...
Persistent link: https://www.econbiz.de/10014402527
This 2008 Article IV Consultation highlights that the United Kingdom’s economic growth was above trend in 2006 and 2007 …
Persistent link: https://www.econbiz.de/10014402841
The U.K. economy is on the mend, but crisis-related scars still need healing. The challenge ahead will be to ensure sustainable recovery and balance sheet repair while remaining flexible to respond to shocks. A highly accommodative monetary stance is required to offset the contractionary impulse...
Persistent link: https://www.econbiz.de/10014403095