## Regional Economic Outlook: Europe -- Strengthening the Recovery, May 2011 -- Table of Contents

_Europe, May 10, 2011_

## Source details

**Canonical URL:** [Regional Economic Outlook: Europe -- Strengthening the Recovery, May 2011 -- Table of Contents](https://www.imf.org/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe)

## Other formats

- [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)

## Bibliographic details
- Published: May 10, 2011
- Series: Europe

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### Overview
- 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:
  - Europe: IMF Calls for Strengthened Policy Response, Stronger Financial Integration to Bolster Europe’s Recovery — May 12, 2011
  - Regional Economic Outlook: Europe — May 2011
  - World Economic and Financial Surveys — Strengthening the Recovery

### Executive summaries / Key findings
- Recovery in the region is expected to solidify, with mutual reinforcement between advanced and emerging Europe.
- Trade linkages:
  - Advanced Europe absorbs most of emerging Europe's exports.
  - Emerging Europe’s role as a market for advanced Europe will expand.
- The report includes outlooks and policy priorities for:
  - Advanced Europe
  - Emerging Europe
  - The role of financial integration in imbalances and crisis resolution within the euro area

### Contents structure (major chapters and themes)
- Foreword
- Introduction and Overview
- 1. Advanced Europe: Tackling the Sovereign Crisis
  - Recovery Continues
  - Turning the Page on the Crisis: Policy Requirements
- 2. Emerging Europe: Underwriting a Solid Recovery
  - Developments in 2010
  - The Outlook for 2011 and 2012 31
  - Risks to the Outlook 36
  - Key Policy Questions Going Forward
- 3. Financial Integration, Growth, and Imbalances
  - Imbalances and Crisis
  - Why Was the Crisis So Severe?
  - Why Is Resolution of the Crisis so Protracted?
  - Restoring Growth and Preventing Future Excessive Imbalances
  - Conclusions
- Annex: Data and Econometric Approaches
  - Estimating Equilibrium and Excessive Imbalances
  - Estimating Effects of Policies on Excessive Imbalances
- Appendix: Europe: IMF-Supported Arrangements
- References

### Boxes (selected thematic analyses)
- 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?

### Tables and data coverage
- Country- and region-level indicators spanning 2000–12 and 2007–10, including:
  - 1. European Countries: Real GDP Growth and CPI Inflation, 2009–12
  - 1.1. Selected European Countries: Share of Exports by Destination, 2009
  - 1.2. Greece, Ireland, Portugal, and Spain: Authorities’ Measures to Restore Confidence and Regain Competitiveness
  - 1.3. Advanced European Countries: Main Macroeconomic Indicators, 2009–12 21
  - 1.4. Selected European Countries: Headline Inflation and Contribution of Food and Fuel Prices
  - 2.1. Emerging Europe: Growth of Real GDP, Domestic Demand, Exports, and Private Consumption, 2009–12
  - 2.2. Emerging Europe: CPI Inflation, Current Account Balance, and External Debt, 2009–12 37
  - 2.3. Emerging Europe: Evolution of Public Debt and General Government Balance, 2009–12 40
  - 2.4. Emerging Europe: Selected Financial Soundness Indicators, 2007–10
  - 2.5. Emerging Europe: Employment Growth, 2008:Q3–2010:Q3
  - 3.1. Selected EU Countries: Sectoral Saving-Investment Balances, 2000–07
  - 3.2. Selected EU Countries: Current Account Balances and Real Domestic Demand, 2003–10
  - 3.3. Selected EU Countries: Growth in Value Added and Contribution by Sector, 2000–07
  - 3.4. Euro Area: Output-Capital Ratios, 2000–07

*Regional Economic Outlook: Europe — Strengthening the Recovery, May 2011 — Table of Contents*

---

## Content in this bundle

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- **Perspectives économiques régionales : EUROPE Conforter la reprise ; Mai 2011**
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## References

- [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)
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_Source: https://www.imf.org/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe_