Euro Area policies : 2016 Article IV consultation; press release; staff report; and statement by the Executive Director for the Euro Area.

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, [2016]
©2016
Description:1 online resource (70 pages) : color illustrations.
Language:English
Series:IMF country report ; no. 16/219
IMF country report ; no. 16/219.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12506745
Hidden Bibliographic Details
Varying Form of Title:2016 Article IV consultation; press release; staff report; and statement by the Executive Director for the Euro Area
Other authors / contributors:International Monetary Fund, publisher.
ISBN:9781498353298
1498353290
ISSN:1934-7685
Notes:"July 2016."
Includes bibliographical references.
Description based on online resource; title from pdf title page (IMF.org website, viewed August 17, 2016).
Summary:This 2016 Article IV Consultation highlights that the recovery in euro area has strengthened recently. Lower oil prices, a broadly neutral fiscal stance, and accommodative monetary policy are supporting domestic demand. However, inflation and inflation expectations remain very low, below the European Central Bank's medium-term price stability objective. Euro area GDP growth is expected to decelerate from 1.6 percent in 2016 to 1.4 percent in 2017, mainly owing to the negative impact of the U.K. referendum outcome. Growth five years ahead is expected to be about 1.5 percent, with headline inflation reaching only 1.7 percent.
Other form:Print Version: Euro Area Policies: 2016 Aticle IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Euro Area. Washington, D.C. : International Monetary Fund, 2016. 9781498353298
Standard no.:10.5089/9781498353298.002

MARC

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245 0 0 |a Euro Area policies :  |b 2016 Article IV consultation; press release; staff report; and statement by the Executive Director for the Euro Area. 
246 3 0 |a 2016 Article IV consultation; press release; staff report; and statement by the Executive Director for the Euro Area 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c [2016] 
264 4 |c ©2016 
300 |a 1 online resource (70 pages) :  |b color illustrations. 
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490 1 |a IMF country report ;  |v no. 16/219 
500 |a "July 2016." 
504 |a Includes bibliographical references. 
520 3 |a This 2016 Article IV Consultation highlights that the recovery in euro area has strengthened recently. Lower oil prices, a broadly neutral fiscal stance, and accommodative monetary policy are supporting domestic demand. However, inflation and inflation expectations remain very low, below the European Central Bank's medium-term price stability objective. Euro area GDP growth is expected to decelerate from 1.6 percent in 2016 to 1.4 percent in 2017, mainly owing to the negative impact of the U.K. referendum outcome. Growth five years ahead is expected to be about 1.5 percent, with headline inflation reaching only 1.7 percent. 
588 |a Description based on online resource; title from pdf title page (IMF.org website, viewed August 17, 2016). 
505 0 |a Cover; CONTENTS; KEY MESSAGE: EURO AREA AT A CROSSROADS; CONTEXT: RECOVERY CONTINUES, BUT RISKS RISING; A. Recent Developments; B. Near-term Outlook and Risks; MEDIUM-TERM PROSPECTS REMAIN MEDIOCRE; COMPREHENSIVE, MORE BALANCED POLICIES TO BOOST GROWTH AND STRENGTHEN THE UNION; A. Prioritize Structural Reforms and Strengthen Governance; B. Promoting Investment, Rebuilding Buffers, and Improving Fiscal Governance; C. Maintaining Monetary Easing to Guard Against Low Inflation; D. Repairing Balance Sheets and Completing the Banking Union; SYNERGIES FROM COMPREHENSIVE, MORE BALANCED POLICIES 
505 8 |a STAFF APPRAISALBOXES; 1. The Surge in Refugees in Europe-Economic Impact and Risks; 2. The Drag from Debt: Firm-Level Investment in the Euro Area; 3. Operationalizing Outcome-Based Structural Reform Benchmarks; FIGURES; 1. High Frequency and Real Economy Developments; 2. Inflation Developments; 3. External Sector Developments; 4. Fiscal Developments and Policies; 5. Monetary Policy Channels; 6. Banking Developments; 7. Financial Stability; 8. Structural Reform Benchmarks; TABLES; 1. Euro Area: Main Economic Indicators, 2013-2021; 2. External Sector Assessment; 3. Risk Assessment Matrix 
505 8 |a 4. Structural Reform Plans and Progress in Selected Euro Area Countries5. A Scorecard Approach to the Near-Term Fiscal Stance; ANNEXES; I. The Impact of Negative Interest Rate Policy on Bank Profitability; II. Can European Banks Grow Out of their Problems?; APPENDICES; I. Progress Against IMF Recommendations; II. Statistical Issues 
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650 0 |a Economic indicators  |z European Union countries. 
650 0 |a Capital market  |z European Union countries. 
650 6 |a Développement économique  |z Pays de l'Union européenne. 
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650 7 |a Gross domestic product.  |2 fast  |0 (OCoLC)fst00948090 
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776 0 8 |i Print Version:  |t Euro Area Policies: 2016 Aticle IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Euro Area.  |d Washington, D.C. : International Monetary Fund, 2016.  |z 9781498353298 
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