LEADER 05529nam 2200709Ia 450 001 9910456687403321 005 20200520144314.0 010 $a1-4552-8115-8 010 $a1-4527-6547-2 010 $a1-283-53650-1 010 $a1-4519-9613-6 010 $a9786613848956 035 $a(CKB)2540000000001108 035 $a(EBL)1608773 035 $a(SSID)ssj0000470128 035 $a(PQKBManifestationID)11316253 035 $a(PQKBTitleCode)TC0000470128 035 $a(PQKBWorkID)10413234 035 $a(PQKB)10910495 035 $a(MiAaPQ)EBC1608773 035 $a(Au-PeEL)EBL1608773 035 $a(CaPaEBR)ebr10344787 035 $a(CaONFJC)MIL384895 035 $a(OCoLC)870245457 035 $a(EXLCZ)992540000000001108 100 $a20091031d2009 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aRegional economic outlook$b[electronic resource] $eEurope : securing recovery 210 $aWashington, D.C. $cInternational Monetary Fund$dc2009 215 $a1 online resource (79 p.) 225 0 $aWorld economic and financial surveys 300 $a"Oct 09". 311 $a1-58906-859-9 320 $aIncludes bibliographical references. 327 $aCover; Contents; Executive Summary; 1. Outlook: Beyond the Crisis; Fragile Recovery; Figures; 1. Euro Area: Contribution to Growth, 2006-09; 2. Selected European Countries and the United States: Unemployment, January 1999- August 2009; 3. Euro Area: Yield Curves and Equity Markets; 4. Selected European Countries: Growth of Real Credit to Private Sector, January 2006- May 2009; 5. Euro Area: Real Bank Credit and GDP Growth, 2000:Q1- 2009:Q2; 6. Selected European Countries: Headline and Core Inflation, January 2006-July 2009; 7. Selected European Countries: Key Short-Term Indicators; Tables 327 $a1. European Countries: Real GDP Growth and CP CPI Inflation, 2006-10 Strong Policy Response; 8. Selected European Countries: Bankruptcies, 2005-09; 9. Selected Countries: Employment Over the Business Cycle; Boxes; 1. Employment and Productivity Dynamics Around Recessions Recessions: Germany, Spain, : and the United Kingdom; 2. Asset Price Swings, Monetary Policy, and Prudential Policy: A European View; 10. Selected Countries: Central Banks' Total Assets, January 2007-August 2009; 11. Selected EU Countries: Debt Level and Cumulative Fiscal Deficit 327 $a2. European Countries: External and Fiscal Balances, 2006-10 Further Policy Action Required; 3. IMF Support for European Countri Countries Affected by the Global Crisis es; 3. Currency Mismatches i in Emerging Europe; 4. Managing Fiscal Risks Stemming from Public Interventions to Support Financial Systems; 2. The Crisis and Potential Output; Worrying About an Unobservable; Long-Term Effects; 12. Selected Countries: Average Gross Value-Added Growth, 1995-2005; 4. Gross Value-Added Growth and Contributions, 1980-95 and 1995-2005; Medium-Term Effects 327 $a5. Risks to Medium-Term Growth and Convergence in Emerging Europe 13. Euro Area: Potential (Medium-Term) Growth with Different Methodologies, 1993:Q2- 2009:Q1; Policy Implications; 5. Potential Output and Output Gaps in the Euro Area; 6. Effect of the Financial Crisis on Potential Growth in Western Europe; 3. Implications of the Fall in Potential Output for Macroeconomic Policies; Crisis Impact on Monetary Policy; 14. Euro Area: ""Real-Time"" and ""True"" Output Gaps, 1993:Q1-2007:Q2; 6. Macroeconomic Performance Under Output Gap Uncertainty 327 $a15. The Benefits of a Price Stability Commitment Under Output Gap Uncertainty 16. Selected European Countries: Policy Rates, 2007-09; Impact of the Crisis on Fiscal Policy; 17. Euro Area: Potential Output Scenarios, 1999-2014; 18. Selected European Countries: Pr Projected Chang objected Changes in Public Debt es; 7. Fiscal Adjustment Required in Response to Varied Various Crisis Scenarios; 19. Selected European Countries: Require Required Improvement of Primary Balance d; 4. Policies in Emerging Economies for Coping with Heightened Risk During Recovery; Facing a Riskier Environment 327 $a20. Selected European Countries: Bond Spreads-Level and Volatility, January 2006- June 2009 330 $aEurope's contraction is ending, but the recovery is fragile. Policymakers should look beyond the crisis to secure a durable upswing and address the threats to potential growth from the crisis and the continent's well-known structural rigidities. The report's analytical work stresses the uncertainty surrounding potential growth estimates, and the more volatile environment faced by emerging economies in a tightly integrated region. In the near term, this calls for measures to restore the financial sector to health and for continued macroeconomic support, while preparing for the exit from 517 3 $aRegional economic outlook: Europe 517 3 $aEurope: securing recovery 606 $aFinancial crises$zEurope$y21st century 606 $aFiscal policy$zEurope$y21st century 607 $aEurope$xEconomic conditions$y21st century 607 $aEurope$xEconomic conditions$vStatistics 608 $aElectronic books. 615 0$aFinancial crises 615 0$aFiscal policy 712 02$aInternational Monetary Fund. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910456687403321 996 $aRegional economic outlook$91916023 997 $aUNINA