The Resource Germany's Growth Potential, Structural Reforms and Global Imbalances, Isabell Koske and Andreas Wörgötter, (electronic resource)

Germany's Growth Potential, Structural Reforms and Global Imbalances, Isabell Koske and Andreas Wörgötter, (electronic resource)

Label
Germany's Growth Potential, Structural Reforms and Global Imbalances
Title
Germany's Growth Potential, Structural Reforms and Global Imbalances
Statement of responsibility
Isabell Koske and Andreas Wörgötter
Creator
Contributor
Subject
Language
eng
Summary
The potential growth rate of the economy has been low for a long time and the crisis has had a further adverse impact. The meagre growth performance mainly reflects low growth in a number of services sectors; most manufacturing sectors, by contrast, expanded at a rapid pace in the years preceding the recent crisis, on the back of robust foreign demand. The challenge is to consolidate the past success of the export sector and to broaden it to the whole economy by making the policy framework more conducive to innovation and structural change. Specifically, product market regulation needs to be eased to prevent it from sheltering uncompetitive industries; the framework conditions for innovation need to be improved; the education system needs to be reformed further to supply a sufficiently large pool of highly qualified labour; and immigration policy needs to become more favourable to the immigration of high-skilled. Strengthening Germany's attractiveness as a location for investment would contribute to a higher trend growth rate through lifting barriers to higher growth, which are particular binding in the non-traded goods sector. This would reduce Germany's current account surplus and make a contribution to reduce global imbalances. This paper relates to the 2010 OECD Economic Survey of Germany (www.oecd.org/eco/surveys/germany)
Member of
Cataloging source
FR-PaOEC
http://library.link/vocab/creatorName
Koske, Isabell
Government publication
international or intergovernmental publication
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
Wörgötter, Andreas
Series statement
OECD Economics Department Working Papers,
Series volume
no.780
http://library.link/vocab/subjectName
  • Economics
  • Germany
Label
Germany's Growth Potential, Structural Reforms and Global Imbalances, Isabell Koske and Andreas Wörgötter, (electronic resource)
Instantiates
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
762090037
Dimensions
21 x 30 cm
Extent
1 online resource 51 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5kmd7827ddzn-en
Specific material designation
remote
System control number
(OCoLC)762090037
Label
Germany's Growth Potential, Structural Reforms and Global Imbalances, Isabell Koske and Andreas Wörgötter, (electronic resource)
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
762090037
Dimensions
21 x 30 cm
Extent
1 online resource 51 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5kmd7827ddzn-en
Specific material designation
remote
System control number
(OCoLC)762090037

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