Regional Economic Outlook October 2009 Europe

Author : International Monetary Fund. European Dept.
Publisher : INTERNATIONAL MONETARY FUND
Page : 0 pages
File Size : 50,7 Mb
Release : 2009-09-29
Category : Business & Economics
ISBN : 1589068599

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Regional Economic Outlook, October 2009, Europe by International Monetary Fund. European Dept. Pdf

Europe's contraction is ending, but the recovery is fragile. Policymakers should look beyond the crisis to secure a durable upswing and address the threats to potential growth from the crisis and the continent's well-known structural rigidities. The report's analytical work stresses the uncertainty surrounding potential growth estimates, and the more volatile environment faced by emerging economies in a tightly integrated region. In the near term, this calls for measures to restore the financial sector to health and for continued macroeconomic support, while preparing for the exit from extraordinary interventions in a coordinated and transparent fashion. Higher longer-term growth through structural change will support the recovery, smooth the exit, and help emerging markets to adjust to lower capital inflows in the crisis' aftermath. Published biannually in May and October.

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 88 pages
File Size : 53,9 Mb
Release : 2010-10-20
Category : Business & Economics
ISBN : 9781589069510

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Regional Economic Outlook, October 2010, Europe, Building Confidence by International Monetary Fund. European Dept. Pdf

The recovery in Europe continues, supported by strong policy action to contain sovereign debt problems in the euro area. In advanced Europe, lingering uncertainties and market pressures make for moderate and unequal growth, creating challenges for macroeconomic and financial sector policies. The REO also sheds light on the governance issues revealed by the crisis, arguing that better policy frameworks, in particular at the euro area level, promise a stronger Europe. For the first time, the REO devotes a separate chapter to the outlook for emerging Europe, where, after a deep recession, an export-led recovery is under way. However, the rebound is uneven across the region, and policymakers face the difficult challenge of dealing with the legacies of the crisis, while not hurting the recovery. Beyond the short term, the REO argues that the region will need to find new growth engines, as the capital inflows-driven and credit-fueled domestic demand boom needs to give way to more balanced growth. Indeed, the REO emphasizes that active fiscal policy and coordinated prudential measures are key to avoiding a repeat of the boom-bust cycle the region has just endured.

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 229 pages
File Size : 45,9 Mb
Release : 2009-10-15
Category : Business & Economics
ISBN : 9781589068070

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World Economic Outlook, October 2009 by International Monetary Fund. Research Dept. Pdf

This edition of the World Economic Outlook explores the prospects for growth in the aftermath of the financial crisis. The fragile nature of the recovery will present many challenges. These include the need for continued strong monetary, fiscal, and financial policies, ongoing efforts to restore the financial sector to health, improvements in private demand, and preparation of exit strategies on the fiscal, monetary, and financial fronts. The first of two analytical chapters included in this edition, "Monetary Policy and Asset Prices: What Do We Learn from Booms and Busts?" explores whether there is a role for monetary policy in preventing asset price busts. The second, "Medium-Run Output Evolutions after Crises: A Historical Perspective," explores the effect of large economic shocks on output and its composition, including variations related to initial conditions, the type of shock, and economic policies.

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 73 pages
File Size : 55,8 Mb
Release : 2009-05-08
Category : Business & Economics
ISBN : 9781589068414

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Regional Economic Outlook, May 2009, Europe by International Monetary Fund. European Dept. Pdf

Europe is in a deep recession. Adverse feedback between the financial and real sectors and across borders is likely to delay the recovery and create downside risks. Unprecedented policies have been undertaken to address the crisis-but are they likely to be successful and sufficiently coordinated for a tightly integrated region? To restore trust and confidence in financial markets, additional and forceful action will be essential. Maintaining fiscal support should help soften the downturn, in particular if sustainability is supported by solid medium-term strategies and fiscal frameworks. To be effective, these policies require coordination across advanced and emerging economies. The report's analytical work underpins the link between fiscal sustainability, coordination, and effectiveness, and stresses that emerging markets have been affected differently by the crisis, with the quality of policies and external vulnerabilities being key factors.

Author : International Monetary Fund. European Dept.
Publisher : INTERNATIONAL MONETARY FUND
Page : 0 pages
File Size : 43,9 Mb
Release : 2008-10-28
Category : Business & Economics
ISBN : 1589067606

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Regional Economic Outlook, October 2008, Euope by International Monetary Fund. European Dept. Pdf

The confluence of multiple adverse shocks—the turbulence in financial markets, high commodity prices, and the appreciation of the exchange rate—have depressed growth in Europe. At the same time commodity prices increases have boosted headline inflation. While containing inflation remains a major concern, supporting the recovery is likely to gain policy prominence in the advanced economies. Looking forward, improvements in prudential regulation could mitigate the procyclicality of credit standards, which should help reduce macroeconomic volatility. Cross-border labor flows are generally seen to have beneficial macroeconomic effects.

Author : International Monetary Fund
Publisher : Unknown
Page : 69 pages
File Size : 43,9 Mb
Release : 2009
Category : Electronic
ISBN : OCLC:874233794

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Regional Economic Outlook: Western Hemisphere: Crisis Averted - What's Next? October 2009 by International Monetary Fund Pdf

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 208 pages
File Size : 49,9 Mb
Release : 2019-10-15
Category : Business & Economics
ISBN : 9781513516172

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World Economic Outlook, October 2019 by International Monetary Fund. Research Dept. Pdf

Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008–09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook.

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 83 pages
File Size : 55,7 Mb
Release : 2009-04-27
Category : Business & Economics
ISBN : 9781589068568

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Regional Economic Outlook, October 2009, Asia and Pacific by International Monetary Fund. Asia and Pacific Dept Pdf

Asia has rebounded fast from the depth of the global crisis. Initially, the region was hit extremely hard, with output in most countries shrinking by much more than even those nations at the epicenter of the crisis. But starting in February 2009, Asia's economy began to revive. Exports and industrial production have increased again, financial pressures have eased, confidence has largely been restored. What explains this remarkable comeback? What challenges does the recovery pose to Asian policymakers? These are the main questions addressed in the IMF's October 2009 "Regional Economic Outlook: Asia and Pacific." The report discusses the latest developments in Asia, examines the prospects for the period ahead, and considers the policy steps needed to sustain the recovery and rebalance Asia's medium-term growth. Published biannually in May and October.

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 657 pages
File Size : 41,6 Mb
Release : 2013-10-08
Category : Business & Economics
ISBN : 9781484348833

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World Economic Outlook, October 2013 by International Monetary Fund. Research Dept. Pdf

Global growth is in low gear, and the drivers of activity are changing. These dynamics raise new policy challenges. Advanced economies are growing again but must continue financial sector repair, pursue fiscal consolidation, and spur job growth. Emerging market economies face the dual challenges of slowing growth and tighter global financial conditions. This issue of the World Economic Outlook examines the potential spillovers from these transitions and the appropriate policy responses. Chapter 3 explores how output comovements are influenced by policy and financial shocks, growth surprises, and other linkages. Chapter 4 assesses why certain emerging market economies were able to avoid the classical boom-and-bust cycle in the face of volatile capital flows during the global financial crisis.

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 228 pages
File Size : 48,6 Mb
Release : 2015-10-06
Category : Business & Economics
ISBN : 9781513515397

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World Economic Outlook, October 2015 by International Monetary Fund. Research Dept. Pdf

This issue discusses a number of factors affecting global growth, as well as growth prospects across the world’s main countries and regions. It assesses the ongoing recovery from the global financial crisis in advanced and emerging market economies and evaluates risks, both upside and downside, including those associated with commodity prices, currency fluctuations, and financial market volatility. A special feature examines in detail causes and implications of the recent commodity price downturn; analytical chapters look at the effects of commodity windfalls on potential output and of exchange rate movements on trade.

Author : International Monetary Fund. Middle East and Central Asia Dept.
Publisher : International Monetary Fund
Page : 70 pages
File Size : 46,9 Mb
Release : 2009-10-02
Category : Business & Economics
ISBN : 9781589068582

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Regional Economic Outlook, October 2009, Middle East and Central Asia by International Monetary Fund. Middle East and Central Asia Dept. Pdf

The global economic crisis has taken a toll on the Middle East and Central Asia region, but appropriate policy responses have helped mitigate the impact. Looking ahead, the region's oil exporters are expected to benefit from rising oil prices as the world economy begins to pull out of an unparalleled post-World War II recession. Oil importers, however, are likely to continue to face continued headwinds that may delay an uptake in growth. Where feasible, countries should continue to support domestic demand to lessen the impact of the crisis on the poor while maintaining a focus on debt sustainability. For the region's low-income countries, higher donor support will be needed to maintain economic development. Across the region, governments should further strengthen financial systems and be careful not to lose momentum on structural reforms. Published biannually in May and October.

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
Page : 102 pages
File Size : 44,8 Mb
Release : 2009-10-02
Category : Business & Economics
ISBN : 9781589068575

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Regional Economic Outlook, October 2009, Sub-Saharan Africa by International Monetary Fund. African Dept. Pdf

Sub-Saharan Africa has been hit hard by the global recession, but signs of resilience remain. While South Africa and some other middle-income countries were caught in the turbulence of international financial markets, and oil exporters saw government revenues plunge, some countries with wider commodity bases have so far escaped the worst of the crisis. Also, and reassuringly, with stronger initial fiscal and external positions than in past downturns, most countries in the region have been able to partially absorb external shocks by allowing fiscal deficits to rise and reducing interest rates. Exchange rates have generally been allowed to adjust. With many families affected by the crisis, however, progress toward the Millennium Development Goals has receded. Looking ahead, fiscal policy must balance support for the recovery with enhancing future growth prospects, debt sustainability, and poverty reduction. Published biannually in May and October.

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 126 pages
File Size : 48,5 Mb
Release : 2011-10-05
Category : Business & Economics
ISBN : 9781616351281

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

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.

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
Page : 106 pages
File Size : 42,8 Mb
Release : 2010-10-19
Category : Business & Economics
ISBN : 9781589069534

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Regional Economic Outlook, October 2010, Western Hemisphere by International Monetary Fund. Western Hemisphere Dept. Pdf

Heating Up in the South, Cooler in the North broadly describes the economic scene for the Western Hemisphere. The report emphasizes how a mixed environment--with slow recovery in the United States and other advanced economies, but strength in Asia--differently shapes the outlooks for the diverse economies of Latin America and the Caribbean. This issue also focuses on financial issues in Latin America, with a chapter on the challenges of allowing credit to expand safely, without creating excessive risks, and a chapter that looks at macroprudential financial policies--topics especially important in today's context of low global interest rates and capital flows to emerging economies. The final chapter turns to Caribbean economies, exploring the drivers, and obstacles, that affect their growth.

Author : World Bank
Publisher : World Bank Publications
Page : 339 pages
File Size : 53,7 Mb
Release : 2021-08-03
Category : Business & Economics
ISBN : 9781464816666

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Global Economic Prospects, June 2021 by World Bank Pdf

The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.