Regional Economic Outlook, April 2008, Europe: Reassessing Risks

April 12, 2008

Preview Citation

Format: Chicago

Regional Economic Outlook, April 2008, Europe: Reassessing Risks, (USA: International Monetary Fund, 2008) accessed September 18, 2024

Also available in: русский

Summary

Europe 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.

Subject: Balance of payments, Banking, Credit, Current account balance, Current account deficits, Financial institutions, Inflation, Money, Mortgages, Prices

Keywords: Baltics, Bank, Convergence trend, Credit, Credit squeeze, Current account, Current account balance, Current account deficits, Deficit, Economy, Emerging Europe, EU accession dummy, EU harmonization, Europe, Europe EMBI, Global, Growth moderate, IMF staff calculation, Inflation, Mortgages, Price, Price pressure, REO, Western Europe

Publication Details

Pages:

69
Volume:

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DOI:

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Issue:

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Series:

Europe
Stock No:

REOEUREA2008001
ISBN:

9781589067134
ISSN:

2071-4157

Notes

Also available Full Text in Russian.

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