Euro area policies : 2011 Article IV consultation : staff report, public information notice on the Executive Board discussion, and statement by the Executive Director for member countries /

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2011.
Description:1 online resource (49 pages)
Language:English
Series:IMF country report ; no. 11/184
IMF country report ; no. 11/184.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499487
Hidden Bibliographic Details
Varying Form of Title:Euro area policies, 2011 Article IV consultation
Other authors / contributors:International Monetary Fund. European Department.
ISBN:9781463900816
1463900813
Notes:"July 2011."
Online resource; title from PDF title page (IMF Web site, viewed October 27, 2011).
Summary:In this study, the risks related to the euro area sovereign debt crisis are analyzed. Methods used to implement the European Financial Stability Facility (EFSF) are overviewed, and the European Stability Mechanism (ESM), the European Systemic Risk Board (ESRB), and the European Supervisory Authority (ESA) are the important framework for financial reforms and macroprudential policies. In this paper, the improvement over the fiscal and structural governance stability and growth pact (SGP) and excessive deficit procedure (SDP) is discussed. Finally, the findings of spillover analysis are outlined.

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