Economic Survey of Germany 2010: Facilitating structural change and preventing long-term unemployment

Unemployment has fallen significantly prior to the crisis, not least due to past labour market reforms, and has remained surprisingly stable during this recession – both relative to past experience and vis à vis other OECD countries.

Economic Survey of Germany 2010

As the German economy is emerging from a severe recession the main challenges are to adjust labour market policy, restore fiscal sustainability, ensure stability in the banking sector and broaden growth beyond exports.

Wirtschaftsbericht Deutschland 2010 - Policy Brief

Die deutsche Wirtschaft erholt sich von einer schweren Rezession. Nun ist die Herausforderung, die Arbeitsmarktpolitik anzupassen, die Tragfähigkeit der öffentlichen Finanzen wiederherzustellen, die Stabilität im Bankensektor zu sichern und das Wachstum über die Exportwirtschaft hinaus auszudehn

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Economic Survey of Germany 2010: Structural reforms to lift potential growth in a globalised world

The potential growth rate of the economy has been low for a long time and the crisis has had a further adverse impact.

Der Weg aus der Krise: Ein solides Fundament für eine ausgewogene Erholung schaffen

Eine auf Innovation, Bildung und mehr Wettbewerb im Binnenmarkt gestützte Wirtschaftspolitik kann Deutschland zu einer stärkeren und ausgeglicheneren Wirtschaft führen. Die Arbeitsmarktpolitik sollte nun den Weg für nötige Strukturanpassungen bereiten, die Fiskalpolitik braucht eine spezifische Exit-Strategie und muss sich in den kommenden Jahren auf die Konsolidierung der öffentlichen Haushalte konzentrieren.

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• Deutschland sollte mit mehr Innovation, Bildung und Wettbewerb die Grundlage für einen ausgeglichenen Aufschwung legen

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• Emerging from the crisis: Laying the foundations for a balanced recovery in Germany
• Emerging from the crisis: Laying the foundations for a balanced recovery in Germany

Emerging from the crisis: Laying the foundations for a balanced recovery in Germany

The German job market has weathered the crisis well, said OECD Secretary-General Angel Gurría. Presenting the Economic Survey of Germany in Berlin, he said structural reforms were needed to ensure the sustainability of public finances and of long term growth. Stimulating domestic investment would help reduce the current account surplus, he added.

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• Germany should focus on innovation, education and competition to ensure a balanced recovery

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• Der Weg aus der Krise: Ein solides Fundament für eine ausgewogene Erholung schaffen
• Der Weg aus der Krise: Ein solides Fundament für eine ausgewogene Erholung schaffen

Economic Survey of Germany 2010 Policy Brief

As the German economy is emerging from a severe recession the main challenges are to adjust labour market policy, restore fiscal sustainability, ensure stability in the banking sector and broaden growth beyond exports.

Related Documents

• Economic Survey of Germany 2010

Also Available

Economic Survey of Germany 2010: Emerging from the crisis

After a sharp fall during the recession, real GDP growth has picked up, but the recovery is expected to be relatively slow. The global crisis has hit the economy mainly through the collapse of world trade, the driving force behind the boom period before the crisis.

Economic Survey of Germany 2010: The banking system: lessons from the financial crisis

The German banking system came under pressure during the financial crisis, not least due to its significant exposure to toxic assets which originated in the US.

Explaining Household Saving Rates in G7 Countries: Implications for Germany

Many propositions have been made to explain the increase in the German household saving rate since the year 2000 from an individual country perspective but most of them focus on partial aspects, as discussed in this working paper.