Download or read book Measures of External Competitiveness for Germany written by Mr.Robert Alan Feldman and published by International Monetary Fund. This book was released on 1994-09-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses Germany's external competitive position from several angles. It first examines movements in several real exchange rate indices. The analysis of competitiveness is then supplemented by using the so-called constant market share approach, and finally by examining briefly both pressures on profit margins in the tradable goods sector as well as export prospects. A key conclusion of the analysis is that the deterioration of Germany's external competitiveness suggested by some commonly used indicators of the real appreciation of the deutsche mark, such as those based on relative unit labor costs in manufacturing, is generally exaggerated.
Download or read book Measures of External Competitiveness for Germany written by Robert Feldman and published by . This book was released on 2006 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses Germany`s external competitive position from several angles. It first examines movements in several real exchange rate indices. The analysis of competitiveness is then supplemented by using the so-called constant market share approach, and finally by examining briefly both pressures on profit margins in the tradable goods sector as well as export prospects. A key conclusion of the analysis is that the deterioration of Germany`s external competitiveness suggested by some commonly used indicators of the real appreciation of the deutsche mark, such as those based on relative unit labor costs in manufacturing, is generally exaggerated.
Download or read book Measures of External Competitiveness for Germany written by Robert A. Feldman and published by . This book was released on 1994 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Measures of external competitiveness for Germany written by Fondo Monetario Internacional and published by . This book was released on 1994 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Measures of externel competitiveness for Germany written by Robert A... Feldman and published by . This book was released on 1994 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Competitiveness in the Southern Euro Area written by Mr.Yuan Xiao and published by International Monetary Fund. This book was released on 2008-04-01 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of studies analyzes developments in nonprice external competitiveness of France, Greece, Italy, Portugal, and Spain. While France, Italy, and Portugal have experienced substantial export market share losses, Greece and Spain performed relatively well. Export market share losses appear associated with rigidities in resource allocation (sectoral, geographical, technological) relative to peers and lower productivity gains in high value-added sectors. Disaggregated analysis of goods and services export markets provides insights on aspects such as quality, market concentration, growth of destination markets, and geographical and sectoral diversification. Also, increased import penetration, offshoring and FDI could improve productivity and export performance.
Download or read book Competitiveness in the European Economy written by Stefan Collignon and published by Routledge. This book was released on 2014-02-05 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the relationship between the competitiveness of countries in Europe and the analysis of macroeconomic imbalances. It focuses mainly on a European analysis, along with special studies of the German economy, which is rarely considered to be a cause for the current crisis. The book also compares Germany with Italy, providing a comparative perspective on structural reforms. The first part of this book analyses macroeconomic imbalances based on a new framework from the analysis of the flow of founds rather than balance of payments, and presents an alternative measure of unit labour cost comparisons to investigate the relationship between imbalances and competitiveness. The second part is dedicated to the analysis of the trade performance of Germany and Italy and the sustainability of the German model in the EMU. The third part describes the reform policies implemented by Germany and their effect on imbalances; this includes wage moderation, the labour market reforms and weak labour demand. The final part explores the regional inequalities within Germany and Italy, providing useful lessons regarding fiscal federalism and regional banking developments. In conclusion, a big part of the problems within the Euro Area are generated by the use of a wrong framework of analysis, where the EMU is considered as a fixed exchange rate regime and not a single country. This book provides an alternative view which holds at the core the relationship between sectors. It is stressed throughout the book that the German behaviour has contributed to the rise of imbalances between countries due to its growth model, not suitable for a big developed country in a currency union. This book also finds that stressing banking integration within countries helps to reduce regional inequalities, which has important implications for the management of Europe’s future banking union and macroeconomic imbalances.
Download or read book Euro Area Export Performance and Competitiveness written by Mr.Jarkko Turunen and published by International Monetary Fund. This book was released on 2011-06-01 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Concerns about export growth within the euro area peripheral countries due to a lack of competitiveness within the euro area are a key policy issue. Our analysis suggests that: (i) Long-term price elasticities for intra-euro area exports are at least double those for extra-euro area exports, so traditional real effective exchange rate indexes may overstate the effectiveness of euro depreciation in restoring exports growth in the euro area periphery and; (ii) There are surprisingly wide divergences across alternative relative price measures and even when relative price data suggest a steady loss in intra- (and extra-) euro area competitiveness, the pace of deterioration depends on the measure of relative prices used.
Download or read book Working Paper Summaries WP 94 77 WP 94 147 written by International Monetary Fund and published by International Monetary Fund. This book was released on 1995-02-01 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: Authors of Working Papers are normally staff members of the Fund or consultants, although on occasion outside authors may collaborate with a staff member in writing a paper. The views expressed in the Working Papers or their summaries are, however, those of the authors and should not necessarily be interpreted as representing the views of the Fund. Copies of individual Working Papers and information on subscriptions to the annual series of Working Papers may be obtained from IMF Publication Services, International Monetary Fund, 700 19th Street, Washington, D.C. 20431. Telephone: (202) 623-7430 Telefax: (202) 623-7201 This compilation of summaries of Working Papers released during July-December 1994 is being issued as a part of the Working Paper series. It is designed to provide the reader with an overview of the research work performed by the staff during the period.
Download or read book Exploring Price and Non price Determinants of Trade Flows in the Largest Euro area Countries written by and published by . This book was released on 2015 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the mid-2000s price-competitiveness indicators for some euro-area countries have been providing conflicting signals. Against a stability of the producer price (PPI)-based measure, the manufacturing unit labour cost (ULCM)-deflated indicator points to a major competitiveness loss in Italy; we argue that the discrepancy mostly reflects a divergence of ULCM and PPI trends in competitor countries. Owing to the fading representativeness of labour on overall costs, price-based indicators appear to be more appropriate than those based on ULCMs to assess external competitiveness. In Italy ULC-based indicators play a less relevant role relative to price-deflated measures in explaining exports; the opposite holds true for Germany and France, whereas in Spain exports are insensitive to prices. Non-price competitiveness proves important in explaining Italian, German and, in particular, Spanish exports. Imports react to price-competitiveness dynamics only in Italy; considering the participation in global value chains is useful to correctly identify import sensitivity to domestic and foreign demand.
Download or read book Economic Policy Proposals for Germany and Europe written by Ronald Schettkat and published by Routledge. This book was released on 2008-03-26 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a fresh, innovative analysis of contemporary German economic policy, containing essays from non-Germanic, internationally distinguished economists from around the world, arguing for a more expansionary macroeconomic policy.
Download or read book IMF Working Paper written by and published by . This book was released on 1995 with total page 542 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book United Germany written by Mr.Robert J. Corker and published by International Monetary Fund. This book was released on 1995-06-14 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: This papers reviews economic and financial developments in Germany since its reunification nearly five years ago; and analyzes some critical issues that have featured prominently in the policy debate over this period and are likely to continue attracting attention in the years ahead.
Download or read book Working Paper Summaries July December 1994 written by and published by . This book was released on 1995 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Exploring Price and Non price Determinants of Trade Flows in the Largest Euro area Countries written by Claire Giordano and published by . This book was released on 2014 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book OECD Economic Surveys Germany 2006 written by OECD and published by OECD Publishing. This book was released on 2006-07-17 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2006 edition of OECD's periodic survey of Germany's economy finds economic activity still weak and uneven, and recommends reforms in a number of areas. Special chapters cover regaining fiscal credibility and improving public efficiency ...
Download or read book Monthly Report written by and published by . This book was released on 2004-05 with total page 632 pages. Available in PDF, EPUB and Kindle. Book excerpt:
