07659oam 22013694 450 991078074320332120230721024303.01-4623-7341-01-4527-2612-41-283-53521-11-4519-3211-19786613847669(CKB)2470000000001388(EBL)1608621(SSID)ssj0000466195(PQKBManifestationID)11301440(PQKBTitleCode)TC0000466195(PQKBWorkID)10457871(PQKB)11682893(MiAaPQ)EBC1608621(Au-PeEL)EBL1608621(CaPaEBR)ebr10300216(OCoLC)870245368(IMF)REOEUREE2008001(IMF)REOEUREA2008001(EXLCZ)99247000000000138820020129d2008 uf 0engur|n|---|||||txtccrRegional Economic Outlook, April 2008, Europe : Reassessing RisksWashington, D.C. :International Monetary Fund,2008.1 online resource (70 p.)Regional Economic Outlook"Reassessing risks."1-58906-713-4 Includes bibliographical references (p. 57-59).Cover; Contents; Executive Summary; 1. Outlook: Navigating Turbulent Waters; Advanced Economies; Figures; 1. Europe and the United States: Real GDP Growth, 2001-09; 2. Key Short-Term Indicators; Tables; 1. European Countries: Real GDP Growth and CPI Inflation, 2006-09; 3. Euro Area: Contribution of Food and Energy to Headline Inflation, January 2006-December 2007; 4. Euro Area: Cost of Financing, 2003-08; 5. Spreads of Three-Month Interbank Rates over Expected Policy Rates, 2007-08; 6. Changes in Credit Standards for Loans to Enterprises and Households, 2005-087. Measures of the Euro Exchange Rate, 1999-2008Boxes; 1. Spillovers from Weaker U.S. Growth; 2. European Countries: External and Fiscal Balances, Government Debt, 2006-08; Emerging Economies; 8. Growth in Emerging Europe, 2001- 09; 9. Emerging Europe: Confidence Indicators, January 2006-February 2008; 2. Financial Turbulence: Policy Lessons; 10. Emerging Europe: Sovereign and Corporate Bond Spreads, January 2007-March 2008; 3. Understanding Food Price Inflation in Emerging Europe; 11. Emerging Markets: Private Sector External Bond Issuance, 2006-0812. Emerging Europe: Bond Spreads and Current Account Deficits13. Central and Eastern Europe: Credit Growth and House Prices, 2002-06; 2. Financial Turbulence: Testing Resilience and Dampening Growth; How Financial Turbulence Spread to Europe; 14. Estimating Shifts in the Global Price of Risk, 2007-08; 3. Measuring the Impact of Risk Repricing on Selected Markets; 15. Reassessing Risks across Asset Classes and Borders; Impact on Financial System Resilience; 16. Euro Area Lending to Nonfinancial Corporations and Households, 2000-0817. Changes in the Balance Sheet of the European Banking System18. Expected Default Frequencies, 2007-08; 19. Implied Spreads, 2007-08; 20. Market Leverage versus Asset Vol Volatility of Exposed EU Banks, 2007-08 tility; 21. European Banks: Market Evaluation of Assets in Distress; 4. Net Bank Exposure to U.S. Subprime Mortgage Markets; 5. Estimated Losses on Mortgage-Related Subprime Bank Exposures; Impact on the Real Economy; 4. Spillover Risks among Major EU Banks; 5. Regional Financial Interlinkages and Contagion Channels; 6. Output Response to Financial Shocks: Simulation Results7. Response of GDP Growth to a 10 Percentage Point Decline in Credit Growth6. Banks' Risk Profile, Credit Growth, and the Real Economy; 7. Real Sector Implications of Financial Turbulence for an Emerging Market Economy; 3. Convergence in Emerging Europe: Sustainability and Vulnerabilities; Overview; 22. Convergence in Emerging Europe and in the Rest of the World, 2002-06; 23. GDP per Capita and Current Account Balances, 2007; Sustaining Growth; 24. Emerging Europe: Value Added by Sector, Contributions to Real GDP Growth, 2002-0625. Emerging Europe: Domestic and External Demand, Contributions to Real GDP Growth, 2002-06Europe is facing slower growth as a result of protracted financial turbulence and spillovers from the U.S. Meanwhile, inflation has risen sharply. Policymakers in advanced economies will have to continue to support financial markets and balance risks to real activity with the need to anchor inflation. Emerging Europe is well placed to continue to grow, albeit at a slower pace, amid concerns about overheating and external imbalances in several countries. Sound macroeconomic policies and structural reforms will be necessary to ensure a soft landing in these countries and smooth convergence throughout the region.Regional Economic OutlookRegional economic outlook.reassessing risksEurope Apr. 08 :reassessing risksEconomic forecastingEuropeBanks and BankingimfExports and ImportsimfInflationimfMacroeconomicsimfMoney and Monetary PolicyimfCurrent Account AdjustmentimfShort-term Capital MovementsimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfPrice LevelimfDeflationimfInternational Lending and Debt ProblemsimfInternational economicsimfBankingimfMonetary economicsimfFinanceimfCurrent account deficitsimfCurrent account balanceimfCreditimfBalance of paymentsimfMoneyimfPricesimfFinancial institutionsimfBanks and bankingimfDebts, ExternalimfEuropeEconomic conditions1945-EuropeEconomic conditionsStatisticsUnited StatesimfEconomic forecastingBanks and BankingExports and ImportsInflationMacroeconomicsMoney and Monetary PolicyCurrent Account AdjustmentShort-term Capital MovementsBanksDepository InstitutionsMicro Finance InstitutionsMortgagesMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralPrice LevelDeflationInternational Lending and Debt ProblemsInternational economicsBankingMonetary economicsFinanceCurrent account deficitsCurrent account balanceCreditBalance of paymentsMoneyPricesFinancial institutionsBanks and bankingDebts, External346International Monetary Fund.DcWaIMFBOOK9910780743203321Regional Economic Outlook, April 2008, Europe3807547UNINA