ENGLISH

Germany In An Interconnected World Economy

By Ashoka Mody; Ashoka Mody

Book information

Publisher
International Monetary Fund
Year
2013
ISBN
9781475582390, 9781616354244
LCC
HC286 -- .G47 2013eb
Language
english
Format
EPUB
Filesize
8 MB (7899630 bytes)
Edition
1
Pages
282\0
Time added
2023-08-06 00:37:53
Economic development -- Germany. ; Germany -- Econ

Description

Germany has been a central player in discussions on the future architecture of Europe, and has been called on to play a larger role in supporting global and, especially, European recovery from the financial crisis that triggered the Great Recession. This book focuses on the possible economic role of Germany and shows that the quantitative effects of a German fiscal stimulus would be small on the heavily indebted euro area periphery countries that most need the boost. The book finds that Germany itself faces a growth challenge and that efforts to raise its own growth potential are important for Germany, and that more rapid growth of domestic demand will more powerfully stimulate European economic growth through its expanded demand for imports.

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