Germany’s current economic success offers a good platform for achieving sustainable and inclusive growth, but further reforms will be necessary over the medium and long term, according to the latest OECD Economic Survey of Germany.
The average worker in Germany faced a tax burden on labour income (tax wedge) of 49.3% in 2013 compared with the OECD average of 35.9%. Germany was ranked 2 of the 34 OECD member countries in this respect.
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Note summarising the performance of German 15-year-old students in the PISA 2012 assessment of problem solving.
Germany has a productivity level in services that is low relative to the level in manufacturing, with the productivity gap being particularly large compared to other countries.
Germany’s recent economic performance has been solid, with record low unemployment rates and sound fiscal position, which sets it apart from many European countries.
It is my great honour and pleasure to welcome Chancellor Merkel to the OECD to discuss Germany’s challenges and its role in the world economy, said OECD Secretary-General.
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The OECD has acquired a high reputation as an uncompromising but important advisor when it comes to drawing comparisons, compiling statistics and issuing recommendations, said Federal Chancellor Angela Merkel during a visit at the OECD.
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In dieser Broschüre, die sich auf das Fachwissen und die Erfahrung der OECD-Mitgliedsländer stützt, werden wichtige Politikprioritäten zur Steigerung des Produktivitäts-wachstums und Verbesserung der sozialen Inklusion aufgezeigt.
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Despite the harsh external economic environment, Germany has managed to reduce unemployment significantly while buttressing the long-term sustainability of its public finances. Drawing on the expertise and experience of OECD member countries, this report sets out key policy priorities to boost productivity growth and social inclusion.
As part of the OECD Leaders’ Programme, Angel Gurría, Secretary-General met with Germany’s Federal Chancellor Angela Merkel to discuss competitiveness and productivity in Germany and Europe and policies to promote inclusive growth and well-being.