The mechanics of a strong Euro Area : IMF policy analysis /

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Bibliographic Details
Imprint:[Washington, D.C.] : International Monetary Fund, ©2015.
Description:1 online resource (xviii, 287 pages) : color illustrations
Language:English
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12505564
Hidden Bibliographic Details
Other authors / contributors:Koeva, Petya, editor.
Pradhan, Mahmood, 1957- editor.
International Monetary Fund.
ISBN:9781513566764
1513566768
9781498305532
1498305539
9781513572246
1513572245
9781513579436
Notes:Includes bibliographical references and index.
Print version record.
Summary:The euro area has experienced an unprecedented economic downturn and exceptional financial market turmoil in the past few years. Policymakers have faced the twin challenges of addressing cyclical economic weakness-not unlike other industrial countries following the global economic crisis-and the underlying weaknesses in the architecture of the currency union, weaknesses that appear to have been masked during the first relatively calm years of Economic and Monetary Union (EMU). Among member states, many structural weaknesses were exposed when economic performance declined significantly and financial markets became more discerning. This book focuses on the analytical underpinnings of real-time policy advice given to euro area policymakers during four cycles of the IMF's annual Article IV consultations (2012-15) with euro area authorities. This book focuses on the analytical underpinnings of real-time policy advice given to policymakers over four cycles of the annual Article IV consultations.
Other form:Print version: Mechanics of a strong Euro Area. [Washington, D.C.]: International Monetary Fund, ©2015 9781498305532