Regional Economic Outlook, October 2011, Europe

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  • Regional Economic Outlook, October 2011, Europe Book Detail

  • Author : International Monetary Fund. European Dept.
  • Release Date : 2011-10-05
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 126
  • ISBN 13 : 1616351284
  • File Size : 93,93 MB

Regional Economic Outlook, October 2011, Europe by International Monetary Fund. European Dept. PDF Summary

Book Description: Following a strong showing in early 2011, the economies across Europe now face the prospect of a pronounced slowdown, as global growth has softened, risk aversion has risen, and strains in Europe's sovereign debt and financial markets have deepened, according to this issue of the Regional Economic Outlook for Europe. Downside risks are significant, and a further deepening of the euro area crisis would affect not only advanced Europe, but also emerging Europe, given its tight economic and financial ties. The policy stance in advanced Europe will need to be adapted to reflect the weakening and tense outlook, financial systems strengthened further, and a consistent, cohesive and cooperative approach to monetary union adopted by all euro area stakeholders. The cross-country experience in the past decade in Europe shows the difference that good policies can make in boosting growth, with some European countries having grown rapidly while others have stagnated. Escaping low-growth traps, through broad-based reforms that address macroeconomic imbalances and country-specific structural rigidities, is possible.

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World Economic Outlook, September 2011

World Economic Outlook, September 2011

File Size : 39,39 MB
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The September 2011 edition of the World Economic Outlook assesses the prospects for the global economy, which is now in a dangerous new phase. Global activity h