Euro Area Policies

1EUREA0012004 Image
Price:  $15.00

Release Date: © August, 2004
ISBN : 978-1-45181-290-9
Stock #: 1EUREA0012004
English
Stock Status: On back-order

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Description

The staff report on Euro Area Policies highlights cyclical growth developments and risks. The area’s real GDP growth has picked up, responding to strong foreign demand and relaxed financial conditions. The final domestic demand growth remains subdued, and the area lags global growth by a large and widening margin. Euro area corporations have taken considerable time to adjust to the boom–bust cycle in equity valuations. The shared central view is that the export-led recovery will increasingly be sustained by domestic demand growth.

Taxonomy

Economic cooperation , Euro area , Monetary unions




More publications in this series: IMF Staff Country Reports