Euro Area Policies: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director on Euro Area Policies

The staff report on Euro Area Policies highlights cyclical growth developments and risks. The area's real GDP growth has picked up, responding to strong foreign demand and relaxed financial conditions. The final domestic demand growth remains subdued, and the area lags global growth by a large...

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Körperschaft: International Monetary Fund (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 2004
Schriftenreihe:IMF Staff Country Reports Country Report No. 04/234
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Zusammenfassung:The staff report on Euro Area Policies highlights cyclical growth developments and risks. The area's real GDP growth has picked up, responding to strong foreign demand and relaxed financial conditions. The final domestic demand growth remains subdued, and the area lags global growth by a large and widening margin. Euro area corporations have taken considerable time to adjust to the boom-bust cycle in equity valuations. The shared central view is that the export-led recovery will increasingly be sustained by domestic demand growth
Beschreibung:1 Online-Ressource (62 p)
ISBN:1451812906
9781451812909

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