World Economic Outlook, October 2009 : Sustaining the Recovery.

This edition of the World Economic Outlook explores the prospects for growth in the aftermath of the financial crisis. The fragile nature of the recovery will present many challenges. These include the need for continued strong monetary, fiscal, and financial policies, ongoing efforts to restore the...

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Detalhes bibliográficos
Autor Corporativo: International Monetary Fund. Research Dept
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2009.
Colecção:World Economic Outlook; World Economic Outlook ; No. 2009/002
Acesso em linha:Full text available on IMF
Descrição
Resumo:This edition of the World Economic Outlook explores the prospects for growth in the aftermath of the financial crisis. The fragile nature of the recovery will present many challenges. These include the need for continued strong monetary, fiscal, and financial policies, ongoing efforts to restore the financial sector to health, improvements in private demand, and preparation of exit strategies on the fiscal, monetary, and financial fronts. The first of two analytical chapters included in this edition, "Monetary Policy and Asset Prices: What Do We Learn from Booms and Busts?" explores whether there is a role for monetary policy in preventing asset price busts. The second, "Medium-Run Output Evolutions after Crises: A Historical Perspective," explores the effect of large economic shocks on output and its composition, including variations related to initial conditions, the type of shock, and economic policies.
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Descrição Física:1 online resource (227 pages)
Formato:Mode of access: Internet
ISSN:0256-6877
Acesso:Electronic access restricted to authorized BRAC University faculty, staff and students