REGIONAL ECONOMIC OUTLOOK, NOVEMBER 2007: EUROPE - STRENGTHENING FINANCIAL SYSTEMS

by INTERNATIONAL MONETARY FUND

REGIONAL ECONOMIC OUTLOOK, NOVEMBER 2007: EUROPE - STRENGTHENING FINANCIAL SYSTEMS Author INTERNATIONAL MONETARY FUND
Isbn
File size 2 Mb
Year 2013
Pages 490
Language English
File format EPUB
Category Economía

Book Description:

Strong fundamentals should allow Europe to weather financial turbulence relatively well. Nonetheless, growth is set to ease in 2008 in nearly all countries. Policymakers will need to deal up front with the financial market turmoil, while implementing fiscal consolidation and structural reforms, including in the financial sector, to address vulnerabilities, raise medium-term growth prospects, and deliver on the promise of convergence for emerging Europe. Three analytical chapters discuss reforms to strengthen Europes financial systems to allow advanced economies to benefit from innovation without incurring excessive risk and, in emerging economies, to manage rapid financial deepening and develop financial systems further.

 

 

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