LEADER 03950nam 2200577Ia 450 001 9910463165503321 005 20200520144314.0 010 $a1-4755-2249-5 010 $a1-4755-8239-0 010 $a1-4755-1671-1 035 $a(CKB)2670000000420233 035 $a(EBL)1587772 035 $a(SSID)ssj0001037045 035 $a(PQKBManifestationID)11668217 035 $a(PQKBTitleCode)TC0001037045 035 $a(PQKBWorkID)11042732 035 $a(PQKB)10318612 035 $a(MiAaPQ)EBC1587772 035 $a(Au-PeEL)EBL1587772 035 $a(CaPaEBR)ebr10739469 035 $a(CaONFJC)MIL490365 035 $a(OCoLC)843336310 035 $a(EXLCZ)992670000000420233 100 $a20111102d2013 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 00$aGermany in an interconnected world economy$b[electronic resource] /$feditor, Ashoka Mody 210 $aWashington, D.C. $cInternational Monetary Fund$d2013 215 $a1 online resource (282 p.) 300 $aDescription based upon print version of record. 311 $a1-61635-424-0 320 $aIncludes bibliographical references and index. 327 $aCover; Contents; Foreword; Preface; 1 Tests of German Resilience; The Postwar Catch-Up; The Slowdown; Reemergence; The Great Recession; References; 2 The Crisis's Impact on Potential Growth in Germany: The Nature of the Shock Matters; Introduction; Background: Concepts and Related Literature; Methodology and Results; Germany's Growth Sources through a Growth Accounting Lens; Conclusion; References; Appendix; 3 German Productivity Growth: An Industry Perspective; Introduction; German and United States Productivity: Stylized Facts; An Industry Perspective; Conclusion; References; Appendix 327 $a4 What Does the Crisis Tell Us about the German Labor Market?Introduction; Background; Recent Developments; Understanding German Labor Market Dynamics; Conclusion; References; Appendix; 5 Growth Spillover Dynamics: From Crisis to Recovery; Introduction; Growth Linkages and Spillovers: Related Literature; Empirical Approach; Results; Channels of Growth Spillover Transmission; Conclusion; References; Appendix; 6 Do Fiscal Spillovers Matter?; Introduction; Literature; Framework; Simulation Results; Conclusion; References; Appendix 327 $a7 Current Account Imbalances: Can Structural Policies Make a Difference?Introduction; Literature Review; Baseline Model; Structural Policies and the Current Account; Long-Standing Structural Differences and the Current Account; Interaction of Structural Factors and Fundamentals; Implications for Germany; Conclusion; References; Appendix; 8 Discussion; Comment on Chapters 2 and 3; Comment on Chapter 4; Comment on Chapter 5; Comment on Chapter 7; References; About the Contributors; Index; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; R; S; T; U; V; W 330 $aGermany 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 606 $aEconomic development$zGermany 607 $aGermany$xEconomic conditions 608 $aElectronic books. 615 0$aEconomic development 701 $aMody$b Ashoka$0888386 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910463165503321 996 $aGermany in an interconnected world economy$92126121 997 $aUNINA