IWH, Arbeitskreis Konjunktur des - In: Wirtschaft im Wandel 16 (2010) 9, pp. 400-437
The German economy recovers surprisingly quickly from last year’s recession. For this year, we expect GDP to grow by 3.5%. Next year, when GDP growth should reach a rate of 2%, the general government deficit is likely to fall below the 3% mark of the Stability and Growth pact – if the...