Browse

You are looking at 1 - 10 of 13 items :

  • IMF Staff Discussion Notes x
  • Books and Analytical Papers x
  • Keywords: General x
Clear All
Dealing with High Debt in an Era of Low Growth

Dealing with High Debt in an Era of Low Growth »

Source: Dealing with High Debt in an Era of Low Growth

Volume/Issue: 2013/7

Series: Staff Discussion Notes

Author(s): S. M. Ali Abbas , Bernardin Akitoby , Jochen Andritzky , Helge Berger , Takuji Komatsuzaki , and Justin Tyson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 September 2013

ISBN: 9781484316139

Keywords: Debt strategy, Debt reduction, Developed countries, Fiscal policy, Fiscal reforms, Monetary policy, Privatization, Public debt, General Government Debt, Public Debt Sustainability

task has become particularly challenging in European advanced economies where expectations of low growth and limits to monetary policy support are shifting the burden of adjustment onto fiscal consolidation. The SD...

A Strategy for Resolving Europe's Problem Loans

A Strategy for Resolving Europe's Problem Loans »

Volume/Issue: 2015/19

Series: Staff Discussion Notes

Author(s): Shekhar Aiyar , Wolfgang Bergthaler , Jose Garrido , Anna Ilyina , Andreas Jobst , Kenneth Kang , Dmitriy Kovtun , Yan Liu , Dermot Monaghan , and Marina Moretti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 September 2015

DOI: http://dx.doi.org/10.5089/9781513591278.006

ISBN: 9781513591278

Keywords: Bank resolution, Banks, Debt restructuring, Europe, Non-performing loans, Corporate debt, Nonperforming loans, NPL resolution, credit growth, debt

Europe's banking system is weighed down by high levels of non-performing loans (NPLs), which are holding down credit growth and economic activity. This discussion note uses a new survey of European country authorit...

Dealing with High Debt in an Era of Low Growth

Dealing with High Debt in an Era of Low Growth »

Volume/Issue: 2013/7

Series: Staff Discussion Notes

Author(s): S. M. Ali Abbas , Bernardin Akitoby , Jochen Andritzky , Helge Berger , Takuji Komatsuzaki , and Justin Tyson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 September 2013

DOI: http://dx.doi.org/10.5089/9781484316139.006

ISBN: 9781484316139

Keywords: Debt strategy, Debt reduction, Developed countries, Fiscal policy, Fiscal reforms, Monetary policy, Privatization, Public debt, General Government Debt, Public Debt Sustainability

task has become particularly challenging in European advanced economies where expectations of low growth and limits to monetary policy support are shifting the burden of adjustment onto fiscal consolidation. The SD...

Reforming Fiscal Governance in the European Union

Reforming Fiscal Governance in the European Union »

Volume/Issue: 2015/9

Series: Staff Discussion Notes

Author(s): Michal Andrle , John Bluedorn , Luc Eyraud , Tidiane Kinda , Petya Koeva Brooks , Gerd Schwartz , and Anke Weber

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 May 2015

DOI: http://dx.doi.org/10.5089/9781498338288.006

ISBN: 9781498338288

Keywords: Fiscal reforms, Euro Area, European Economic and Monetary Union, Fiscal rules, Fiscal policy, Fiscal Governance, European Economic, Monetary Union, debt, expenditure

Successive reforms have brought many positive elements to the European Union's fiscal framework. But they have also increased its complexity. The current system involves an intricate set of fiscal constraints, whic...

Revitalizing Securitization for Small and Medium-Sized Enterprises in Europe

Revitalizing Securitization for Small and Medium-Sized Enterprises in Europe »

Volume/Issue: 2015/7

Series: Staff Discussion Notes

Author(s): Shekhar Aiyar , Ali Al-Eyd , Bergljot Barkbu , and Andreas Jobst

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2015

DOI: http://dx.doi.org/10.5089/9781498397643.006

ISBN: 9781498397643

Keywords: Financial intermediation, Structured finance, macro-financial linkages, SME finance, market, finance, markets, investment, debt, Financial Markets and the Macroeconomy

Small and medium-sized enterprises (SMEs) account for a disproportionate share of output and employment in Europe but are still highly dependent on bank finance, which dried up or became prohibitively expensive dur...

Wage Moderation in Crises
			: Policy Considerations and Applications to the Euro Area

Wage Moderation in Crises : Policy Considerations and Applications to the Euro Area »

Volume/Issue: 2015/22

Series: Staff Discussion Notes

Author(s): Jörg Decressin , Raphael Espinoza , Ioannis Halikias , Michael Kumhof , Daniel Leigh , Prakash Loungani , Paulo Medas , Susanna Mursula , Antonio Spilimbergo , and TengTeng Xu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 November 2015

DOI: http://dx.doi.org/10.5089/9781513537009.006

ISBN: 9781513537009

Keywords: Wage bargaining, Euro Area, Wage adjustments, Negative spillovers, Monetary policy, Euro area, Crisis, Current account, Internal devaluation, Unemployment

The paper studies the impacts of wage moderation in the euro area. Simulation results show that if a single euro area crisis-hit economy undertakes wage moderation, the impact on output is positive for that economy...

Youth Unemployment in Advanced Economies in Europe
			: Searching for Solutions

Youth Unemployment in Advanced Economies in Europe : Searching for Solutions »

Volume/Issue: 2014/11

Series: Staff Discussion Notes

Author(s): Angana Banerji , Sergejs Saksonovs , Huidan Lin , and Rodolphe Blavy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 December 2014

DOI: http://dx.doi.org/10.5089/9781498337113.006

ISBN: 9781498337113

Keywords: Youth employment, youth unemployment, Okun&;amp;#x2019;s law, business cycle, labor market factors, unemployment, labor market, labor, unemployment rates, Labor Force and Employment

The SDN will assess the youth unemployment problem in advanced European countries, with a special focus on the euro area. It will document the main trends in youth and adult unemployment in 22 European countries be...

Reforming Fiscal Governance in the European Union

Reforming Fiscal Governance in the European Union »

Source: Reforming Fiscal Governance in the European Union

Volume/Issue: 2015/9

Series: Staff Discussion Notes

Author(s): Michal Andrle , John Bluedorn , Luc Eyraud , Tidiane Kinda , Petya Koeva Brooks , Gerd Schwartz , and Anke Weber

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 May 2015

ISBN: 9781498338288

Keywords: Fiscal reforms, Euro Area, European Economic and Monetary Union, Fiscal rules, Fiscal policy, Fiscal Governance, European Economic, Monetary Union, debt, expenditure

Successive reforms have brought many positive elements to the European Union's fiscal framework. But they have also increased its complexity. The current system involves an intricate set of fiscal constraints, whic...

Revitalizing Securitization for Small and Medium-Sized Enterprises in Europe

Revitalizing Securitization for Small and Medium-Sized Enterprises in Europe »

Source: Revitalizing Securitization for Small and Medium-Sized Enterprises in Europe

Volume/Issue: 2015/7

Series: Staff Discussion Notes

Author(s): Shekhar Aiyar , Ali Al-Eyd , Bergljot Barkbu , and Andreas Jobst

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2015

ISBN: 9781498397643

Keywords: Financial intermediation, Structured finance, macro-financial linkages, SME finance, market, finance, markets, investment, debt, Financial Markets and the Macroeconomy

Small and medium-sized enterprises (SMEs) account for a disproportionate share of output and employment in Europe but are still highly dependent on bank finance, which dried up or became prohibitively expensive dur...

A Strategy for Resolving Europe’s Problem Loans

A Strategy for Resolving Europe’s Problem Loans »

Source: A Strategy for Resolving Europe's Problem Loans

Volume/Issue: 2015/19

Series: Staff Discussion Notes

Author(s): Shekhar Aiyar , Wolfgang Bergthaler , Jose Garrido , Anna Ilyina , Andreas Jobst , Kenneth Kang , Dmitriy Kovtun , Yan Liu , Dermot Monaghan , and Marina Moretti

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 September 2015

ISBN: 9781513591278

Keywords: Bank resolution, Banks, Debt restructuring, Europe, Non-performing loans, Corporate debt, Nonperforming loans, NPL resolution, credit growth, debt

Europe's banking system is weighed down by high levels of non-performing loans (NPLs), which are holding down credit growth and economic activity. This discussion note uses a new survey of European country authorit...