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Social Science > Emigration and Immigration

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Cover IMF Staff Country Reports
Germany: Selected Issues
International Monetary Fund
Increases in core inflation owing to the VAT hike were smaller than expected, initially constituting a puzzle and leading to speculation about delayed increases or competitive pressures. Given Germany’s large size and openness, spillover interactions appear to have increased over time. In the midst of a strong recovery, Germany is facing shortages of labor, the emigration of high-skilled labor, and a reduction in immigration. Germany’s traditionally insider-dominated corporate governance system has undergone substantial reforms, leading to a pronounced strengthening of control by outsiders.
Keywords:
ISCR; CR; core inflation; price; EU member states; durable goods; rate; life-cycle earnings dynamics; immigration restriction; VAT hike; emigration survey; Value-added tax; Inflation; Migration; Corporate governance; Skilled labor; Europe; Global