LEADER 05481nam 2200697Ia 450 001 9910455717503321 005 20200520144314.0 010 $a1-4623-7341-0 010 $a1-4527-2612-4 010 $a1-283-53521-1 010 $a1-4519-3211-1 010 $a9786613847669 035 $a(CKB)2470000000001388 035 $a(EBL)1608621 035 $a(SSID)ssj0000466195 035 $a(PQKBManifestationID)11301440 035 $a(PQKBTitleCode)TC0000466195 035 $a(PQKBWorkID)10457871 035 $a(PQKB)11682893 035 $a(MiAaPQ)EBC1608621 035 $a(Au-PeEL)EBL1608621 035 $a(CaPaEBR)ebr10300216 035 $a(OCoLC)870245368 035 $a(EXLCZ)992470000000001388 100 $a20091205d2008 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 00$aRegional economic outlook$b[electronic resource] $iEurope Apr. 08 $ereassessing risks 210 $aWashington, D.C. $cInternational Monetary Fund$dc2008 215 $a1 online resource (70 p.) 225 1 $aWorld economic and financial surveys 300 $a"Reassessing risks." 311 $a1-58906-713-4 320 $aIncludes bibliographical references (p. 57-59). 327 $aCover; 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, 2005-08 327 $a7. 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, 2006-08 327 $a12. 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, 2000-08 327 $a17. 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 Results 327 $a7. 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, 2002-06 327 $a25. Emerging Europe: Domestic and External Demand, Contributions to Real GDP Growth, 2002-06 330 $aEurope is facing slower growth as a result of protracted financial turbulence and spillovers from the U.S. Meanwhile, inflation has risen sharply. Policymakers in advanced economies will have to continue to support financial markets and balance risks to real activity with the need to anchor inflation. Emerging Europe is well placed to continue to grow, albeit at a slower pace, amid concerns about overheating and external imbalances in several countries. Sound macroeconomic policies and structural reforms will be necessary to ensure a soft landing in these countries and smooth convergence throu 410 0$aWorld economic and financial surveys. 517 3 $aRegional economic outlook.$ereassessing risks 517 3 $aEurope Apr. 08 :$ereassessing risks 606 $aEconomic forecasting$zEurope 607 $aEurope$xEconomic conditions$y1945- 607 $aEurope$xEconomic conditions$vStatistics 608 $aElectronic books. 615 0$aEconomic forecasting 676 $a346 712 02$aInternational Monetary Fund. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910455717503321 996 $aRegional economic outlook$91916023 997 $aUNINA