{ "title": "Regional Economic Outlook: Europe -- Strengthening the Recovery, May 2011 -- Table of Contents", "publication": "Europe, May 10, 2011", "sourceUrl": "https://www.imf.org/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe", "canonical": "https://www.imf.org/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe", "overlayPath": "/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe/index.md", "summary": "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.", "sections": [ { "heading": "Overview", "content": "- 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.\n- 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.\n- 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.\n- Publication and dissemination metadata:\n - Europe: IMF Calls for Strengthened Policy Response, Stronger Financial Integration to Bolster Europe’s Recovery — May 12, 2011\n - Regional Economic Outlook: Europe — May 2011\n - World Economic and Financial Surveys — Strengthening the Recovery" }, { "heading": "Executive summaries / Key findings", "content": "- Recovery in the region is expected to solidify, with mutual reinforcement between advanced and emerging Europe.\n- Trade linkages:\n - Advanced Europe absorbs most of emerging Europe's exports.\n - Emerging Europe’s role as a market for advanced Europe will expand.\n- The report includes outlooks and policy priorities for:\n - Advanced Europe\n - Emerging Europe\n - The role of financial integration in imbalances and crisis resolution within the euro area" }, { "heading": "Contents structure (major chapters and themes)", "content": "- Foreword\n- Introduction and Overview\n- 1. Advanced Europe: Tackling the Sovereign Crisis\n - Recovery Continues\n - Turning the Page on the Crisis: Policy Requirements\n- 2. Emerging Europe: Underwriting a Solid Recovery\n - Developments in 2010\n - The Outlook for 2011 and 2012 31\n - Risks to the Outlook 36\n - Key Policy Questions Going Forward\n- 3. Financial Integration, Growth, and Imbalances\n - Imbalances and Crisis\n - Why Was the Crisis So Severe?\n - Why Is Resolution of the Crisis so Protracted?\n - Restoring Growth and Preventing Future Excessive Imbalances\n - Conclusions\n- Annex: Data and Econometric Approaches\n - Estimating Equilibrium and Excessive Imbalances\n - Estimating Effects of Policies on Excessive Imbalances\n- Appendix: Europe: IMF-Supported Arrangements\n- References" }, { "heading": "Boxes (selected thematic analyses)", "content": "- 1.1. Domestic Demand and Recovery in the Large Euro Area Countries\n- 1.2. Deleveraging in the Euro Area\n- 1.3. Unemployment and Inequality in the Wake of the Crisis\n- 2.1. Russia: A Tepid Recovery from a Deep Recession\n- 2.2. Turkey’s New Monetary Policy Strategy\n- 2.3. Discretionary Fiscal Policies Since the 2008–09 Crisis\n- 3.1. Why Did the Currency Board Countries in Emerging Europe Have Such Large Imbalances?\n- 3.2. Recent Developments in Bank Competition in Europe\n- 3.3. Crisis Resolution and Financial Integration in the United States\n- 3.4. How Far Have Current Account Imbalances Adjusted?\n- 3.5. How Can the Reemergence of Excessive Imbalances Be Prevented?" }, { "heading": "Tables and data coverage", "content": "- Country- and region-level indicators spanning 2000–12 and 2007–10, including:\n - 1. European Countries: Real GDP Growth and CPI Inflation, 2009–12\n - 1.1. Selected European Countries: Share of Exports by Destination, 2009\n - 1.2. Greece, Ireland, Portugal, and Spain: Authorities’ Measures to Restore Confidence and Regain Competitiveness\n - 1.3. Advanced European Countries: Main Macroeconomic Indicators, 2009–12 21\n - 1.4. Selected European Countries: Headline Inflation and Contribution of Food and Fuel Prices\n - 2.1. Emerging Europe: Growth of Real GDP, Domestic Demand, Exports, and Private Consumption, 2009–12\n - 2.2. Emerging Europe: CPI Inflation, Current Account Balance, and External Debt, 2009–12 37\n - 2.3. Emerging Europe: Evolution of Public Debt and General Government Balance, 2009–12 40\n - 2.4. Emerging Europe: Selected Financial Soundness Indicators, 2007–10\n - 2.5. Emerging Europe: Employment Growth, 2008:Q3–2010:Q3\n - 3.1. Selected EU Countries: Sectoral Saving-Investment Balances, 2000–07\n - 3.2. Selected EU Countries: Current Account Balances and Real Domestic Demand, 2003–10\n - 3.3. Selected EU Countries: Growth in Value Added and Contribution by Sector, 2000–07\n - 3.4. Euro Area: Output-Capital Ratios, 2000–07\n\nRegional Economic Outlook: Europe — Strengthening the Recovery, May 2011 — Table of Contents\n\n---\n\n Content in this bundle\n\n- Perspectives économiques régionales : EUROPE Conforter la reprise ; Mai 2011\n - Perspectives économiques régionales : EUROPE Conforter la reprise ; Mai 2011 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Perspectives économiques régionales : EUROPE Conforter la reprise ; Mai 2011 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Perspectives économiques régionales : EUROPE Conforter la reprise ; Mai 2011\n - Perspectives économiques régionales : EUROPE Conforter la reprise ; Mai 2011 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Perspectives économiques régionales : EUROPE Conforter la reprise ; Mai 2011 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Regional Economic Outlook: EUROPE Strengthening the Recovery; May 11, 2011\n - Regional Economic Outlook: EUROPE Strengthening the Recovery; May 11, 2011 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Regional Economic Outlook: EUROPE Strengthening the Recovery; May 11, 2011 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Regional Economic Outlook; Europe: Strengthening the Recovery; May 5, 2011\n - Regional Economic Outlook; Europe: Strengthening the Recovery; May 5, 2011 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Regional Economic Outlook; Europe: Strengthening the Recovery; May 5, 2011 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Перспективы развития региональной экономики: Европа Укрепление экономического подъема; Май 2011 года\n - Перспективы развития региональной экономики: Европа Укрепление экономического подъема; Май 2011 года (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Перспективы развития региональной экономики: Европа Укрепление экономического подъема; Май 2011 года (PDF){rel=\"external\" type=\"application/pdf\"}\n- Перспективы развития региональной экономики: Европа Укрепление экономического подъема; Май 2011 года\n - Перспективы развития региональной экономики: Европа Укрепление экономического подъема; Май 2011 года (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Перспективы развития региональной экономики: Европа Укрепление экономического подъема; Май 2011 года (PDF){rel=\"external\" type=\"application/pdf\"}\n- Perspectivas económicas regionales: EUROPA Fortalecer la recuperación; Mayo de 2011\n - Perspectivas económicas regionales: EUROPA Fortalecer la recuperación; Mayo de 2011 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Perspectivas económicas regionales: EUROPA Fortalecer la recuperación; Mayo de 2011 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Perspectivas económicas regionales: EUROPA Fortalecer la recuperación; Mayo de 2011\n - Perspectivas económicas regionales: EUROPA Fortalecer la recuperación; Mayo de 2011 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n - Perspectivas económicas regionales: EUROPA Fortalecer la recuperación; Mayo de 2011 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\n References\n\n- IMF Calls for Strengthened Policy Response, Stronger Financial Integration to Bolster Europe’s Recovery\n- Europe: Regional Economic Outlook Reports\n- Regional Economic Outlooks\n- IMF Regional Reports\n- World Economic Outlook Archives\n- Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.\n- Modify your profile\n- Adobe Acrobat Reader\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe" } ], "bullets": [ "[Markdown version](/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe/index.md)", "[Structured JSON version](/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe/index.json)", "[Bundle manifest](/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe/bundle-manifest.json)", "Published: May 10, 2011", "Series: Europe", "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.", "Publication and dissemination metadata:", "Recovery in the region is expected to solidify, with mutual reinforcement between advanced and emerging Europe.", "Trade linkages:", "The report includes outlooks and policy priorities for:", "Foreword", "Introduction and Overview", "1. Advanced Europe: Tackling the Sovereign Crisis", "2. Emerging Europe: Underwriting a Solid Recovery", "3. Financial Integration, Growth, and Imbalances", "Annex: Data and Econometric Approaches", "Appendix: Europe: IMF-Supported Arrangements", "References", "1.1. Domestic Demand and Recovery in the Large Euro Area Countries", "1.2. Deleveraging in the Euro Area", "1.3. Unemployment and Inequality in the Wake of the Crisis", "2.1. Russia: A Tepid Recovery from a Deep Recession", "2.2. Turkey’s New Monetary Policy Strategy", "2.3. Discretionary Fiscal Policies Since the 2008–09 Crisis", "3.1. Why Did the Currency Board Countries in Emerging Europe Have Such Large Imbalances?", "3.2. Recent Developments in Bank Competition in Europe", "3.3. Crisis Resolution and Financial Integration in the United States", "3.4. How Far Have Current Account Imbalances Adjusted?", "3.5. How Can the Reemergence of Excessive Imbalances Be Prevented?", "Country- and region-level indicators spanning 2000–12 and 2007–10, including:", "**Perspectives économiques régionales : EUROPE Conforter la reprise ; Mai 2011**", "**Perspectives économiques régionales : EUROPE Conforter la reprise ; Mai 2011**", "**Regional Economic Outlook: EUROPE Strengthening the Recovery; May 11, 2011**", "**Regional Economic Outlook; Europe: Strengthening the Recovery; May 5, 2011**", "**Перспективы развития региональной экономики: Европа Укрепление экономического подъема; Май 2011 года**", "**Перспективы развития региональной экономики: Европа Укрепление экономического подъема; Май 2011 года**", "**Perspectivas económicas regionales: EUROPA Fortalecer la recuperación; Mayo de 2011**", "**Perspectivas económicas regionales: EUROPA Fortalecer la recuperación; Mayo de 2011**", "[IMF Calls for Strengthened Policy Response, Stronger Financial Integration to Bolster Europe’s Recovery](https://www.imf.org/external/NP/SEC/PR/2011/pr11169.htm)", "[Europe: Regional Economic Outlook Reports](https://www.imf.org/external/pubs/ft/reo/reorepts.aspx?ddlRegions=15&ddlYear=-1)", "[Regional Economic Outlooks](https://www.imf.org/external/pubs/ft/reo/reorepts.aspx)", "[IMF Regional Reports](https://www.imf.org/external/pubs/cat/region.asp)", "[World Economic Outlook Archives](http://www.imf.org/external/ns/cs.aspx?id=29)", "[Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.](https://www.imf.org/en/email-subscription/index)", "[Modify your profile](https://www.imf.org/en/email-subscription/login)", "[Adobe Acrobat Reader](https://www.imf.org/adobe)" ], "related": [ { "title": "Perspectives économiques régionales : EUROPE Conforter la reprise ; 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