Regional Economic Outlook, November 2007, Europe
Regional Economic Outlook, November 2007, Europe

Author: International Monetary Fund. European Dept.

Publisher: International Monetary Fund

Published: 2007-11-15

Total Pages: 75

ISBN-13: 158906674X

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Strong fundamentals should allow Europe to weather financial turbulence relatively well. Nonetheless, growth is set to ease in 2008 in nearly all countries. Policymakers will need to deal up front with the financial market turmoil, while implementing fiscal consolidation and structural reforms, including in the financial sector, to address vulnerabilities, raise medium-term growth prospects, and deliver on the promise of convergence for emerging Europe. Three analytical chapters discuss reforms to strengthen Europe's financial systems to allow advanced economies to benefit from innovation without incurring excessive risk and, in emerging economies, to manage rapid financial deepening and develop financial systems further.

Regional Economic Outlook, November 2007, Europe
Regional Economic Outlook, November 2007, Europe

Author: International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Published: 2007-11-15

Total Pages: 0

ISBN-13: 9781589066748

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Strong fundamentals should allow Europe to weather financial turbulence relatively well. Nonetheless, growth is set to ease in 2008 in nearly all countries. Policymakers will need to deal up front with the financial market turmoil, while implementing fiscal consolidation and structural reforms, including in the financial sector, to address vulnerabilities, raise medium-term growth prospects, and deliver on the promise of convergence for emerging Europe. Three analytical chapters discuss reforms to strengthen Europe's financial systems to allow advanced economies to benefit from innovation without incurring excessive risk and, in emerging economies, to manage rapid financial deepening and develop financial systems further.

Regional Economic Issues--Special Report 25 Years of Transition
Regional Economic Issues--Special Report 25 Years of Transition

Author: Mr.James Roaf

Publisher: International Monetary Fund

Published: 2014-10-17

Total Pages: 72

ISBN-13: 1498332188

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The past 25 years have seen a dramatic transformation in Europe’s former communist countries, resulting in their reintegration with the global economy, and, in most cases, major improvements in living standards. But the task of building full market economies has been difficult and protracted. Liberalization of trade and prices came quickly, but institutional reforms—such as governance reform, competition policy, privatization and enterprise restructuring—often faced opposition from vested interests. The results of the first years of transition were uneven. All countries suffered high inflation and major recessions as prices were freed and old economic linkages broke down. But the scale of output losses and the time taken for growth to return and inflation to be brought under control varied widely. Initial conditions and external factors played a role, but policies were critical too. Countries that undertook more front-loaded and bold reforms were rewarded with faster recovery and income convergence. Others were more vulnerable to the crises that swept the region in the wake of the 1997 Asia crisis.

Regional Economic Outlook, May 2011, Europe
Regional Economic Outlook, May 2011, Europe

Author: International Monetary Fund. European Dept.

Publisher: International Monetary Fund

Published: 2011-05-12

Total Pages: 112

ISBN-13: 1616350636

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The May 2011 Regional Economic Outlook: Europe anticipates that recovery in the region will solidify, with recoveries in advanced and emerging Europe likely to be mutually reinforcing. Advanced Europe continues to absorb most of emerging Europe's exports, while the role of emerging Europe as a market for advanced Europe will expand. Chapters discuss the outlook and policy priorities for advanced and emerging Europe, and analyze the role of financial integration in the buildup and resolution of imbalances within the euro area.

Regional Economic Outlook, October 2011, Europe
Regional Economic Outlook, October 2011, Europe

Author: International Monetary Fund. European Dept.

Publisher: International Monetary Fund

Published: 2011-10-05

Total Pages: 126

ISBN-13: 1616351284

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Following a strong showing in early 2011, the economies across Europe now face the prospect of a pronounced slowdown, as global growth has softened, risk aversion has risen, and strains in Europe's sovereign debt and financial markets have deepened, according to this issue of the Regional Economic Outlook for Europe. Downside risks are significant, and a further deepening of the euro area crisis would affect not only advanced Europe, but also emerging Europe, given its tight economic and financial ties. The policy stance in advanced Europe will need to be adapted to reflect the weakening and tense outlook, financial systems strengthened further, and a consistent, cohesive and cooperative approach to monetary union adopted by all euro area stakeholders. The cross-country experience in the past decade in Europe shows the difference that good policies can make in boosting growth, with some European countries having grown rapidly while others have stagnated. Escaping low-growth traps, through broad-based reforms that address macroeconomic imbalances and country-specific structural rigidities, is possible.

Regional Economic Outlook, November 2017, Europe
Regional Economic Outlook, November 2017, Europe

Author: International Monetary Fund. European Dept.

Publisher: International Monetary Fund

Published: 2017-11-13

Total Pages: 150

ISBN-13: 1484319613

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The European recovery is strengthening and broadening appreciably. Real GDP growth is projected at 2.4 percent in 2017, up from 1.7 percent in 2016, before easing to 2.1 percent in 2018. These are large upward revisions—0.5 and 0.2 percentage point for 2017 and 2018, respectively—relative to the April World Economic Outlook. The European recovery is spilling over to the rest of the world, contributing significantly to global growth. In a few advanced and many emerging economies, unemployment rates have returned to precrisis levels. Most emerging market European economies are now seeing robust wage growth. In many parts of Europe, however, wage growth is sluggish despite falling unemployment.