Strengthening the Euro Area : The Role of National Structural Reforms in Building Resilience /

Cross-country differences in economic resilience-in an economy's ability to withstand and adjust to shocks-remain significant in the euro area. In part, the differences reflect the lack of a national nominal exchange rate as a mechanism to adjust to shocks. The IMF staff has argued that union-w...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Bluedorn, John
Weitere Verfasser: Aiyar, Shekhar, Duval, Romain, Furceri, Davide
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2019.
Schriftenreihe:Staff Discussion Notes; Staff Discussion Notes ; No. 2019/005
Online Zugang:Full text available on IMF