{
  "title": "Regional Economic Outlook: Europe -- Securing Recovery, October 2009 -- Table of Contents",
  "publication": "Europe, October 3, 2009",
  "sourceUrl": "https://www.imf.org/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe4",
  "canonical": "https://www.imf.org/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe4",
  "overlayPath": "/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe4/index.md",
  "summary": "Europe'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.",
  "sections": [
    {
      "heading": "Key findings and near-term assessment",
      "content": "- Europe's contraction is ending, but the recovery is fragile.\n- The report stresses uncertainty surrounding potential growth estimates and a more volatile environment faced by emerging economies in a tightly integrated region.\n- In the near term, policy priorities include:\n  - Measures to restore the financial sector to health.\n  - Continued macroeconomic support.\n  - Preparing for the exit from extraordinary interventions in a coordinated and transparent fashion.\n- Higher longer-term growth through structural change will:\n  - Support the recovery.\n  - Smooth the exit from extraordinary policies.\n  - Help emerging markets to adjust to lower capital inflows in the crisis' aftermath."
    },
    {
      "heading": "Analytical emphasis and structural concerns",
      "content": "- The report's analytical work highlights:\n  - Uncertainty in estimating potential growth.\n  - The need to address threats to potential growth stemming from the crisis and the continent's well-known structural rigidities.\n- Structural change is identified as essential for raising longer-term growth and aiding adjustment in emerging economies."
    },
    {
      "heading": "Policy implications and recommendations",
      "content": "- Near-term policy actions:\n  - Restore financial sector health.\n  - Maintain macroeconomic support during the fragile recovery.\n  - Coordinate and be transparent about exit strategies from extraordinary interventions.\n- Medium- and long-term policy emphasis:\n  - Implement structural reforms to raise potential growth.\n  - Use structural improvement to facilitate smoother policy exits and support emerging economies facing lower capital inflows."
    },
    {
      "heading": "Publication and dissemination notes",
      "content": "- Published biannually in May and October.\n- Press Release date: October 3, 2009.\n\nInternational Monetary Fund. Regional Economic Outlook: Europe -- Securing Recovery, October 2009.\n\n---\n\n Content in this bundle\n\n- Assurer la reprise -- Perspectives économiques régionales : Europe; Résumé analytique; Octobre 2009\n  - Assurer la reprise -- Perspectives économiques régionales : Europe; Résumé analytique; Octobre 2009 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Assurer la reprise -- Perspectives économiques régionales : Europe; Résumé analytique; Octobre 2009 (PDF){rel=\"external\" type=\"application/pdf\"}\n- ereo1009ppfpdf\n  - ereo1009ppfpdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - ereo1009ppfpdf (PDF){rel=\"external\" type=\"application/pdf\"}\n- Bölgesel Ekonomik Görünüm: AVRUPA — Ekonomideki Düzelmenin Desteklenmesi\n  - Bölgesel Ekonomik Görünüm: AVRUPA — Ekonomideki Düzelmenin Desteklenmesi (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Bölgesel Ekonomik Görünüm: AVRUPA — Ekonomideki Düzelmenin Desteklenmesi (PDF){rel=\"external\" type=\"application/pdf\"}\n- Sonbahar 2009 Bölgesel Ekonomik Görünüm: Avrupa -- Bölüme İlişkin Basın Notları\n  - Sonbahar 2009 Bölgesel Ekonomik Görünüm: Avrupa -- Bölüme İlişkin Basın Notları (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Sonbahar 2009 Bölgesel Ekonomik Görünüm: Avrupa -- Bölüme İlişkin Basın Notları (PDF){rel=\"external\" type=\"application/pdf\"}\n- Securing Recovery -- Regional Economic Outlook: Europe; Executive Summary; October 2009\n  - Securing Recovery -- Regional Economic Outlook: Europe; Executive Summary; October 2009 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Securing Recovery -- Regional Economic Outlook: Europe; Executive Summary; October 2009 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Securing Recovery -- Regional Economic Outlook: Europe; October 2009.\n  - Securing Recovery -- Regional Economic Outlook: Europe; October 2009. (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Securing Recovery -- Regional Economic Outlook: Europe; October 2009. (PDF){rel=\"external\" type=\"application/pdf\"}\n- Press Points for chapters 2, 3 and 4-- Regional Economic Outlook: Europe; October 2009.\n  - Press Points for chapters 2, 3 and 4-- Regional Economic Outlook: Europe; October 2009. (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Press Points for chapters 2, 3 and 4-- Regional Economic Outlook: Europe; October 2009. (PDF){rel=\"external\" type=\"application/pdf\"}\n- Перспективы развития региональной экономики: ЕВРОПА, Аналитическое резюме, октябрь 2009 года\n  - Перспективы развития региональной экономики: ЕВРОПА, Аналитическое резюме, октябрь 2009 года (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Перспективы развития региональной экономики: ЕВРОПА, Аналитическое резюме, октябрь 2009 года (PDF){rel=\"external\" type=\"application/pdf\"}\n- Тезисы для прессы , Перспективы развития региональной экономики: Европа\n  - Тезисы для прессы , Перспективы развития региональной экономики: Европа (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Тезисы для прессы , Перспективы развития региональной экономики: Европа (PDF){rel=\"external\" type=\"application/pdf\"}\n- Perspectivas económicas regionales: EUROPA\n  - Perspectivas económicas regionales: EUROPA (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Perspectivas económicas regionales: EUROPA (PDF){rel=\"external\" type=\"application/pdf\"}\n- ereo1009ppspdf\n  - ereo1009ppspdf (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - ereo1009ppspdf (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\n References\n\n- Webcast\n- Transcript\n- Press Release: IMF Says European Economic Recovery to be Fragile and Calls for Policy Action to Secure a Solid Rebound\n- Regional Economic Outlooks\n- IMF Regional Reports\n- World Economic Outlook:\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- Ordering Information\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-europe4"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe4/index.md)",
    "[Structured JSON version](/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe4/index.json)",
    "[Bundle manifest](/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe4/bundle-manifest.json)",
    "Published: October 3, 2009",
    "Series: Europe",
    "Europe's contraction is ending, but the recovery is fragile.",
    "The report stresses uncertainty surrounding potential growth estimates and a more volatile environment faced by emerging economies in a tightly integrated region.",
    "In the near term, policy priorities include:",
    "Higher longer-term growth through structural change will:",
    "The report's analytical work highlights:",
    "Structural change is identified as essential for raising longer-term growth and aiding adjustment in emerging economies.",
    "Near-term policy actions:",
    "Medium- and long-term policy emphasis:",
    "Published biannually in May and October.",
    "Press Release date: October 3, 2009.",
    "**Assurer la reprise -- Perspectives économiques régionales : Europe; Résumé analytique; Octobre 2009**",
    "**_ereo1009ppfpdf**",
    "**Bölgesel Ekonomik Görünüm: AVRUPA — Ekonomideki Düzelmenin Desteklenmesi**",
    "**Sonbahar 2009 Bölgesel Ekonomik Görünüm: Avrupa -- Bölüme İlişkin Basın Notları**",
    "**Securing Recovery -- Regional Economic Outlook: Europe; Executive Summary; October 2009**",
    "**Securing Recovery -- Regional Economic Outlook: Europe; October 2009.**",
    "**Press Points for chapters 2, 3 and 4-- Regional Economic Outlook: Europe; October 2009.**",
    "**Перспективы развития региональной экономики: ЕВРОПА, Аналитическое резюме, октябрь 2009 года**",
    "**Тезисы для прессы , Перспективы развития региональной экономики: Европа**",
    "**Perspectivas económicas regionales: EUROPA**",
    "**_ereo1009ppspdf**",
    "[Webcast](https://www.imf.org/external/mmedia/view.asp?eventID=1589)",
    "[Transcript](https://www.imf.org/external/np/tr/2009/tr100309.htm)",
    "[Press Release: IMF Says European Economic Recovery to be Fragile and Calls for Policy Action to Secure a Solid Rebound](https://www.imf.org/external/np/sec/pr/2009/pr09332.htm)",
    "[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:](https://www.imf.org/external/pubs/ft/weo/2009/02/index.htm)",
    "[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)",
    "[Ordering Information](https://www.imf.org/external/pubs/cat/longres.cfm?sk=22917.0)",
    "[Adobe Acrobat Reader](https://www.imf.org/adobe)"
  ],
  "related": [
    {
      "title": "Assurer la reprise -- Perspectives économiques régionales : Europe; Résumé analytique; Octobre 2009",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/french/pubs/ft/reo/2009/eur/_ereo1009exfpdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/french/pubs/ft/reo/2009/eur/_ereo1009exfpdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/french/pubs/ft/reo/2009/eur/_ereo1009exfpdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "_ereo1009ppfpdf",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/french/pubs/ft/reo/2009/eur/_ereo1009ppfpdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/french/pubs/ft/reo/2009/eur/_ereo1009ppfpdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/french/pubs/ft/reo/2009/eur/_ereo1009ppfpdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Bölgesel Ekonomik Görünüm: AVRUPA — Ekonomideki Düzelmenin Desteklenmesi",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/lang/turkish/pubs/ft/reo/2009/eur/_ereo1009extpdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/lang/turkish/pubs/ft/reo/2009/eur/_ereo1009extpdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/lang/turkish/pubs/ft/reo/2009/eur/_ereo1009extpdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Sonbahar 2009 Bölgesel Ekonomik Görünüm: Avrupa -- Bölüme İlişkin Basın Notları",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/lang/turkish/pubs/ft/reo/2009/eur/_ereo1009pptpdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/lang/turkish/pubs/ft/reo/2009/eur/_ereo1009pptpdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/lang/turkish/pubs/ft/reo/2009/eur/_ereo1009pptpdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Securing Recovery -- Regional Economic Outlook: Europe; Executive Summary; October 2009",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/reo/2009/eur/eng/_ereo1009expdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/reo/2009/eur/eng/_ereo1009expdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/reo/2009/eur/eng/_ereo1009expdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Securing Recovery -- Regional Economic Outlook: Europe; October 2009.",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/reo/2009/eur/eng/_ereo1009pdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/reo/2009/eur/eng/_ereo1009pdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/reo/2009/eur/eng/_ereo1009pdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Press Points for chapters 2, 3 and 4-- Regional Economic Outlook: Europe; October 2009.",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/reo/2009/eur/eng/_ereo1009pppdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/reo/2009/eur/eng/_ereo1009pppdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/reo/2009/eur/eng/_ereo1009pppdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Перспективы развития региональной экономики: ЕВРОПА, Аналитическое резюме, октябрь 2009 года",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/russian/pubs/ft/reo/eur/2009/_ereo1009exrpdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/russian/pubs/ft/reo/eur/2009/_ereo1009exrpdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/russian/pubs/ft/reo/eur/2009/_ereo1009exrpdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Тезисы для прессы , Перспективы развития региональной экономики: Европа",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/russian/pubs/ft/reo/eur/2009/_ereo1009pprpdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/russian/pubs/ft/reo/eur/2009/_ereo1009pprpdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/russian/pubs/ft/reo/eur/2009/_ereo1009pprpdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "Perspectivas económicas regionales: EUROPA",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/spanish/pubs/ft/reo/2009/eur/_ereo1009exspdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/spanish/pubs/ft/reo/2009/eur/_ereo1009exspdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/spanish/pubs/ft/reo/2009/eur/_ereo1009exspdf.pdf",
        "mime": "application/pdf"
      }
    },
    {
      "title": "_ereo1009ppspdf",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-flagship-issues/external/spanish/pubs/ft/reo/2009/eur/_ereo1009ppspdf.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/spanish/pubs/ft/reo/2009/eur/_ereo1009ppspdf.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-flagship-issues/external/spanish/pubs/ft/reo/2009/eur/_ereo1009ppspdf.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe4/index.md",
    "json": "/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe4/index.json",
    "bundleManifest": "/en/publications/reo/eu/issues/2017/01/07/regional-economic-outlook-europe4/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-08T17:17:41.798Z"
}
