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OECD Economic Surveys: Germany 2014

image of OECD Economic Surveys: Germany 2014

OECD's 2014 Economic Survey of Germany examines recent economic developments, policies and prospects. Special chapters cover strengthening financial sector resilience, raising the potential of the domestically oriented sector and making economic growth more socially inclusive.

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Raising the potential of the domestically oriented sector

Germany’s manufacturing sector, which plays an important role for exports, has been performing well over the past decade in terms of labour productivity growth and international competitiveness. However, the services sector has had much slower growth rates. Competition often appears to be hindered by protection of incumbents. Reforming and deregulating the domestically oriented sectors, including network industries, crafts and professional services would release hidden growth potential and prove beneficial to the economy as a whole. It could also help strengthen domestic demand and reduce dependence on exports.

English French, German

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