Euro Area Policies: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director on Euro Area Policies
This paper focuses on euro area policies. The monetary policy stance remains appropriate for now. Fiscal policies are falling well short of consolidation requirements, and the area remains insufficiently prepared for the looming demographic shock. Past fiscal policy failures, notably insufficient ad...
Gespeichert in:
| Körperschaft: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2005
|
| Schriftenreihe: | IMF Staff Country Reports
Country Report No. 05/265 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers |
| Zusammenfassung: | This paper focuses on euro area policies. The monetary policy stance remains appropriate for now. Fiscal policies are falling well short of consolidation requirements, and the area remains insufficiently prepared for the looming demographic shock. Past fiscal policy failures, notably insufficient adjustment during economic upswings, have strained the Stability and Growth Pact (SGP) and EMU's fiscal framework. IMF staff has welcomed certain elements of flexibility in the SGP reforms while regretting the vagueness and open-endedness of others. Center-led structural reform programs have struggled to deliver |
| Beschreibung: | 1 Online-Ressource (63 p) |
| ISBN: | 1451813015 9781451813012 |
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| index_date | 2024-07-03T20:13:32Z |
| indexdate | 2024-07-10T09:35:41Z |
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| spelling | International Monetary Fund Verfasser aut Euro Area Policies Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director on Euro Area Policies Washington, D.C International Monetary Fund 2005 1 Online-Ressource (63 p) txt rdacontent c rdamedia cr rdacarrier IMF Staff Country Reports Country Report No. 05/265 This paper focuses on euro area policies. The monetary policy stance remains appropriate for now. Fiscal policies are falling well short of consolidation requirements, and the area remains insufficiently prepared for the looming demographic shock. Past fiscal policy failures, notably insufficient adjustment during economic upswings, have strained the Stability and Growth Pact (SGP) and EMU's fiscal framework. IMF staff has welcomed certain elements of flexibility in the SGP reforms while regretting the vagueness and open-endedness of others. Center-led structural reform programs have struggled to deliver Online-Ausg International Monetary Fund Sonstige oth http://elibrary.imf.org/view/IMF002/02121-9781451813012/02121-9781451813012/02121-9781451813012.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Euro Area Policies Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director on Euro Area Policies |
| title | Euro Area Policies Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director on Euro Area Policies |
| title_auth | Euro Area Policies Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director on Euro Area Policies |
| title_exact_search | Euro Area Policies Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director on Euro Area Policies |
| title_exact_search_txtP | Euro Area Policies Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director on Euro Area Policies |
| title_full | Euro Area Policies Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director on Euro Area Policies |
| title_fullStr | Euro Area Policies Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director on Euro Area Policies |
| title_full_unstemmed | Euro Area Policies Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director on Euro Area Policies |
| title_short | Euro Area Policies |
| title_sort | euro area policies staff report public information notice on the executive board discussion and statement by the executive director on euro area policies |
| title_sub | Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director on Euro Area Policies |
| url | http://elibrary.imf.org/view/IMF002/02121-9781451813012/02121-9781451813012/02121-9781451813012.xml |
| work_keys_str_mv | AT internationalmonetaryfund euroareapoliciesstaffreportpublicinformationnoticeontheexecutiveboarddiscussionandstatementbytheexecutivedirectoroneuroareapolicies |