Regional Economic Outlook, April 2008, Europe: Reassessing Risks
Volume/Issue:
Volume 2008
Issue 002
Publication date: April 2008
ISBN: 9781589067134
$20.00
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Topics covered in this book
This title contains information about the following subjects.
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Business and Economics , Banks and Banking , Exports and Imports , Inflation , Economics- Macroeconomics , Money and Monetary Policy , REO , economy , price , bank , current account , deficit , EU harmonization , IMF staff calculation , credit squeeze , emerging Europe , growth moderate , convergence trend , EU accession dummy , Europe EMBI , price pressure , Current account deficits , Current account balance , Credit , Inflation , Mortgages , Europe , Global , Western Europe , Baltics
Summary
Europe is facing slower growth as a result of protracted financial turbulence and spillovers from the U.S. Meanwhile, inflation has risen sharply. Policymakers in advanced economies will have to continue to support financial markets and balance risks to real activity with the need to anchor inflation. Emerging Europe is well placed to continue to grow, albeit at a slower pace, amid concerns about overheating and external imbalances in several countries. Sound macroeconomic policies and structural reforms will be necessary to ensure a soft landing in these countries and smooth convergence throughout the region.
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