[PDF.58yo] The Mechanics of a Strong Euro Area: IMF Policy Analysis

The Mechanics of a Strong Euro Area: IMF Policy Analysis

[PDF.nb32] The Mechanics of a Strong Euro Area: IMF Policy Analysis

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 | #2890828 in eBooks |  2015-10-21 |  2015-10-21 | File type: PDF

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|| |The cooperation between the IMF and European institutions has grown exponentially in the past several years and goes much farther than our joint involvement in programme countries. The IMF has been at the forefront of advocating bold steps in EU integration an

The euro area has experienced an unprecedented economic downturn and exceptional financial market turmoil in the past few years. Policymakers have faced the twin challenges of addressing cyclical economic weakness—not unlike other industrial countries following the global economic crisis—and the underlying weaknesses in the architecture of the currency union, weaknesses that appear to have been masked during the first relatively calm years of Economic and Mon...

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