Executive Summary
Assessment and Recommendations
Chapter 1. Sustaining Higher Economic Growth
-The Tide Has Turned after a Long Period of Low Economic Growth
-Much Progress has been Made in Fiscal Consolidation but Long-Term Pressures Loom
-Policies to Sustain Higher Growth in Living Standards
-Annex 1.A1. Progress on Structural Reforms – Summary of Past Recommendations and Actions
Chapter 2. Preserving Past Achievements in Fiscal Policy and Making the Tax System More Efficient
-A Balanced Budget has been Achieved
-The Fiscal Rule Needs to be Improved
-Securing Revenues with an Internationally Mobile Tax Base
-Shifting More Taxation to Immobile Bases
-Improve Tax Collection Efficiency
-annex 2.A1. the Main Corporate Tax Reform Measures in Detail
Chapter 3. Maintaining the Reform Drive to Make Labour Market Improvements more Lasting
-Labour Market Performance has been Impressive…
-… but Challenges Remain
-The Number of Hours Worked per Person Employed is Low
-Long-Term Unemployment Remains High
-Employment Rates for Older Workers could be Increased Further
-Annex 3.A1. The Government’s Initiatives to Bring Older Workers into Work
Chapter 4. Improving Education Outcomes
-Education Outcomes
-Reforms to Enhance Outcomes
-Annex 4.A1. Basic Structure of the Educational System in the Federal Republic of Germany.
-Annex 4.A2. The Structure of the Supply of Tertiary Education Indicator
Chapter 5. Reaping the Benefits of Stronger Competition in Network Industries
-The Root Causes of Weak Competition should be Addressed in the Energy Sector
-Competition has had Favourable Effects in the Railway Sector but could be Strengthened Further
Chapter 6. Moving towards More Sustainable Healthcare Financing
-The Efficiency of the German Healthcare System
-Healthcare Financing Reform Should Go Further
-Private Health Insurance Reform
-Competition-Based on Healthcare Provision is Difficult to Establish
-The Pharmaceutical Market is a Challenge for Cost-Effectiveness
Glossary