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Author:Boss, A.
Title:Ende des Aufschwungs in Deutschland
Journal:Weltwirtschaft
2001 : VOL. 1, p. 32-50
Index terms:ECONOMIC GROWTH
FISCAL POLICY
GERMANY
Language:ger
Abstract:The paper considers the end of the upturn in Germany. In 2000 the German economy grew with the highest rate since reunification. Main reasons were the hitherto expensive orientation of monetary policy and the very favorable economic environment in the world economy. In the first half of 2001, the German economy will benefit from the reduction in personal income tax rates that came into force in January. At the same time, the worsening of the world economic climate, especially the slowdown in the United States, dims perspectives. In January, orders to manufacturing fell strongly. The cyclical upturn in Germany comes to an end. The main themes of the paper are reduced monetary impulses, fiscal policy returning to a neutral course, the economy growing with its potential rate (original in German).
SCIMA record nr: 224633
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