Regional Economic Outlook, October 2008, Euope : Dealing with Shocks.
The confluence of multiple adverse shocks-the turbulence in financial markets, high commodity prices, and the appreciation of the exchange rate-have depressed growth in Europe. At the same time commodity prices increases have boosted headline inflation. While containing inflation remains a major con...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2008.
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| Series: | Regional Economic Outlook
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| Online Access: | Full text available on IMF |
| Summary: | The confluence of multiple adverse shocks-the turbulence in financial markets, high commodity prices, and the appreciation of the exchange rate-have depressed growth in Europe. At the same time commodity prices increases have boosted headline inflation. While containing inflation remains a major concern, supporting the recovery is likely to gain policy prominence in the advanced economies. Looking forward, improvements in prudential regulation could mitigate the procyclicality of credit standards, which should help reduce macroeconomic volatility. Cross-border labor flows are generally seen to have beneficial macroeconomic effects. |
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| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (96 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 2071-4157 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |