OECD economic surveys : Germany 2014.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development, author, issuing body.

Series:

OECD Economic Surveys

OECD Economic Surveys, 1609-7513

Language:

English

Subjects (All):

Germany--Economic conditions.

Germany.

Germany--Economic policy.

Physical Description:

1 online resource (118 p.)

Place of Publication:

[Paris, France] : OECD, 2014.

Language Note:

English

Summary:

OECD's 2014 Economic Survey of Germany examines recent economic developments, policies and prospects. Special chapters cover strengthening financial sector resilience, raising the potential of the domestically oriented sector and making economic growth more socially inclusive.

Contents:

Table of contents; Basic statistics of Germany, 2012; Executive summary; Main findings; Key recommendations; Assessment and recommendations; Economic growth is strengthening but medium-term prospects need to be improved; Figure 1. Key economic indicators; Figure 2. The current account, the trade balance and net foreign assets; Table 1. Macroeconomic indicators and projections; Figure 3. Potential growth and ageing effects; Strengthening financial sector resilience; Figure 4. Growth of bank loans and corporate bond issuance; Figure 5. Capital ratios and leverage ratios

Effective resolution tools are important to remove failing banks from the marketFigure 6. Perceived government guarantees for major banks across countries; Reforming the public banking sector further; Recommendations on strengthening the resilience of the financial sector; Fostering better balanced, socially inclusive and greener long-term growth with fiscal policies; Table 2. Government financial indicators; Tax reform can raise potential growth, make it greener and socially more inclusive; Figure 7. Revenues from environmentally related taxes; Recommendations on fiscal policy

Strengthening the contribution of the services sector to economic growthFigure 8. Real value-added and productivity growth in manufacturing and services; Regulatory barriers hold back competition in network industries, professional services and the crafts; Making support for renewable energy more cost effective; Figure 9. Electricity prices in households and business; Further labour market reforms can partly offset the impact of demographic change on labour supply; Figure 10. Difference in average tax wedge between primary and secondary earners

Recommendations to strengthen potential growth and to mitigate the impact of demographic change on living standardsMaking economic growth more socially inclusive; Avoiding labour market duality; Figure 11. Relative poverty and income inequality; Table 3. Exposure to poverty of workers in non-regular, part-time and self-employment; Providing more education support for the disadvantaged; Figure 12. Impact of socio-economic status on the average difference in performance in mathematics; Making health and old-age pension insurance more inclusive

Recommendations to make economic growth more socially inclusiveBibliography; Annex. Progress in main structural reforms; Improve labour market performance; Improve competition in product markets; Make health care financing more sustainable; Make the education system more efficient; Maintaining public finances on a sustainable path; Stability of the banking sector; Lift potential growth in a globalised world; Climate change mitigation and green growth: make ambition pay; Thematic chapters; Chapter 1. Strengthening financial sector resilience

German banks have weathered the euro area crisis well but domestic lending growth remains weak

Notes:

Description based on online resource; title from PDF title page (ebrary, viewed July 9, 2014).

"May 2014"--Cover.

Includes bibliographical references.

ISBN:

9789264219571

9264219579

9789264206939

9264206930

OCLC:

885123813