TY  - BOOK
AU  - Mody,Ashoka
TI  - Germany in an interconnected world economy
SN  - 1299591159
AV  - HC286 .G47 2013eb
U1  - 330.94309/05 23
PY  - 2013///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Economic development
KW  - Germany
KW  - Financial crises
KW  - Développement économique
KW  - Allemagne
KW  - BUSINESS & ECONOMICS
KW  - Economics
KW  - General
KW  - bisacsh
KW  - Reference
KW  - fast
KW  - Economic history
KW  - Economic policy
KW  - International economic relations
KW  - Economic conditions
KW  - 1990-
KW  - Foreign economic relations
KW  - Conditions économiques
KW  - Politique économique
N1  - Includes bibliographical references and index; Tests of German resilience / Fabian Bornhorst and Ashoka Mody -- The crisis's impact on potential growth in Germany : the nature of the shock matters / Martin Schindler -- German productivity growth : an industry perspective / Hélène Poirson -- What does the crisis tell us about the German labor market? / Martin Schindler -- Growth spillover dynamics : from crisis to recovery / Hélène Poirson and Sebastien Weber -- Do fiscal spillovers matter? / Anna Ivanova and Sebastien Weber -- Current account imbalances : can structural policies make a difference? / Anna Ivanova -- Discussion / Malte Hübner
N2  - 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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ER  -