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001 5jlr3cv53241-en
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008 171201s2016 ||| o i|0| 0 eng d
035 _a(FR-PaOEC)
040 _aFR-PaOEC
084 _aE24
_2jelc
084 _aE22
_2jelc
100 1 _aFuentes Hutfilter, Andrés.
245 1 0 _aBoosting investment performance in Germany
_h[electronic resource] /
_cAndrés Fuentes Hutfilter ... [et al] = Renouer avec le dynamisme de l'investissement en Allemagne / Andrés Fuentes Hutfilter ... [et al]
246 3 1 _aRenouer avec le dynamisme de l'investissement en Allemagne
260 _aParis :
_bOECD Publishing,
_c2016.
300 _a40 p. ;
_c21 x 29.7cm.
490 1 _aOECD Economics Department Working Papers,
_x18151973 ;
_vno.1326
520 3 _aNon-residential investment has fallen over the past 20 years as a share of GDP and is now lower than in several other high-income OECD countries. Business investment growth has been weak since the outbreak of the global financial and economic crisis. Government investment has been low, especially at municipal level. Investment in knowledge-based capital (KBC), which is closely related to long-term productivity performance, has been subdued. Weak growth prospects in the Euro Area have weighed on business investment and an increasing share of firms invests in distant, more dynamic markets. Policies that strengthen stability and growth prospects in the Euro Area would raise the attractiveness of Germany as a location to invest, notably steps to strengthen the single market and cross-border infrastructure, and complete the banking union. Steps to liberalise regulation of services, in particular knowledge-intensive professional services, would raise investment and productivity. Policies that encourage the reallocation of resources would also increase investment in KBC. Poor municipalities invest relatively little and there is scope to lower the cost of public investment projects. Better use of e-governance and more performance-oriented budgeting could improve the efficiency and effectiveness of public investment.
650 4 _aEconomics
651 4 _aGermany
700 1 _aKappeler, Andreas.
_930891
700 1 _aSchneider, Dorothee.
700 1 _aSemeraro, Giovanni Maria.
830 0 _aOECD Economics Department Working Papers,
_x18151973 ;
_vno.1326.
856 4 0 _aoecd-ilibrary.org
_uhttps://s443-doi-org.br.lsproxy.net/10.1787/5jlr3cv53241-en
942 _2ddc
_cW-PAPER
999 _c362426
_d320988