The Federal Republic of Germany: Adjustment in a Surplus Country

IMF Occasional Paper No. 64

Posted: 17 Jun 2009 Last revised: 29 Jun 2009

See all articles by Leslie Lipschitz

Leslie Lipschitz

IMF Institute

Jeroen Kremers

affiliation not provided to SSRN

Donogh McDonald

affiliation not provided to SSRN

Thomas Mayer

affiliation not provided to SSRN

Date Written: January 17, 1989

Abstract

This study reviews and analyzes economic development and polices in Federal republic of Germany in 1980. It traces the dynamics of the cyclical upswing that began at the end of 1982 and describes the geneses of two major imbalances in German economy: high unemployment and large external surpluses . The results of this exercise underline the importance of structural policy measures in dealing with disequilibrium in the German economy.

Keywords: Structural Policies, Macroeconomics, Germany

JEL Classification: E60

Suggested Citation

Lipschitz, Leslie and Kremers, Jeroen and McDonald, Donogh and Mayer, Thomas, The Federal Republic of Germany: Adjustment in a Surplus Country (January 17, 1989). IMF Occasional Paper No. 64, Available at SSRN: https://ssrn.com/abstract=1421293

Leslie Lipschitz (Contact Author)

IMF Institute ( email )

700 19th St. NW
Washington, DC 20431
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202-623-8866 (Phone)

Jeroen Kremers

affiliation not provided to SSRN

No Address Available

Donogh McDonald

affiliation not provided to SSRN

No Address Available

Thomas Mayer

affiliation not provided to SSRN ( email )

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