Milewski, Françoise; Fayolle, Jacky - In: Revue de l'OFCE 61 (1997) 1, pp. 5-92
, particularly by avoiding an undue tightening during the pre electoral period. Sustained by a world trade upsurge in 1997 and 1998 … now, German growth has only been fed by an export rebound. Private consumption is impeded by the employment downward …, through a world-trade pick-up and market shares gains. Export profit margin would also turn up ; they were cut to make up for …