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Regional Economic Outlook, May 2018, Europe

Managing the Upswing in Uncertain Times

The Spring EUR REO projects the economic outlook for the region for the next six months.

Regional Economic Outlook, October 2018, Europe
			: Domestic Expansion Running into External Turbulence

Regional Economic Outlook, October 2018, Europe : Domestic Expansion Running into External Turbulence »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 November 2018

DOI: http://dx.doi.org/10.5089/9781484375402.086

ISBN: 9781484375402

Keywords: Europe, Regional Economic Outlook, economic outlook, financial conditions, fiscal policy, monetary policy, emerging Europe, advanced Europe

Economic activity continued to expand in the first half of 2018, albeit at a slower-than-expected pace, mainly in advanced Europe. Domestic demand, supported by stronger employment and wages, remains the main engin...

Regional Economic Outlook, May 2018, Europe
			: Managing the Upswing in Uncertain Times

Regional Economic Outlook, May 2018, Europe : Managing the Upswing in Uncertain Times »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2018

DOI: http://dx.doi.org/10.5089/9781484339909.086

ISBN: 9781484339909

Europe continues to enjoy a strong growth spurt. Growth has firmed up in many European economies and the forecast is for more of the same. Real GDP increased by 2.8 percent in 2017, up from 1.8 percent in 2016. The...

Fiscal Performance, Institutional Design and Decentralization in European Union Countries

Fiscal Performance, Institutional Design and Decentralization in European Union Countries »

Volume/Issue: 2012/45

Series: IMF Working Papers

Author(s): Luc Eyraud , Anita Tuladhar , Julio Escolano , Marialuz Moreno Badia , and Juliane Sarnes

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2012

DOI: http://dx.doi.org/10.5089/9781463936464.001

ISBN: 9781463936464

Keywords: fiscal institutions, decentralization, subnational governments, fiscal performance, State and Local Taxation, Subsidies, and Revenue, Fiscal Policies and Behavior of Economic Agents: General,

This paper analyzes the impact of decentralization on overall fiscal performance in the European Union, taking into account fiscal institutional arrangements. We find that spending decentralization has been associa...

Exchange Rates in the New EU Accession Countries
			: What Have We Learned from the Forerunners?

Exchange Rates in the New EU Accession Countries : What Have We Learned from the Forerunners? »

Volume/Issue: 2005/27

Series: IMF Working Papers

Author(s): Katerina Smídková , and Ales Bulir

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2005

DOI: http://dx.doi.org/10.5089/9781451860467.001

ISBN: 9781451860467

Keywords: Sustainable real exchange rates, ERM2, exchange rate, exchange rates, real exchange rate, fdi, real exchange rates, International Monetary Arrangements and Institutions, Financial Aspects of Economic Integration, Macroeconomic Aspects of International Trade and Finance: Forecasting and Simulation,

Estimation and simulation of sustainable real exchange rates in some of the new EU accession countries point to potential difficulties in sustaining the ERM2 regime if entered too soon and with weak policies. Accor...

Macroeconomic Management and the Devolution of Fiscal Powers

Macroeconomic Management and the Devolution of Fiscal Powers »

Volume/Issue: 2002/76

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2002

DOI: http://dx.doi.org/10.5089/9781451849882.001

ISBN: 9781451849882

Keywords: fiscal policies, state and local government, intergovernmental relations, local governments, local government, fiscal decentralization, fiscal devolution, tax revenue,

Several of the transition economies are devolving fiscal authority to subnational governments at a time when it is also important to consolidate fiscal policy. This can be problematic because, without appropriate c...

Lessons From Systemic Bank Restructuring
			: A Survey of 24 Countries

Lessons From Systemic Bank Restructuring : A Survey of 24 Countries »

Volume/Issue: 1997/161

Series: IMF Working Papers

Author(s): Ceyla Pazarbasioglu , and Claudia Dziobek

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1997

DOI: http://dx.doi.org/10.5089/9781451857788.001

ISBN: 9781451857788

Keywords: Banks, Rescues, Restructuring, bank restructuring, banking, banking sector, banking system, banking sector problems

In recent decades, a wide range of countries have experienced banking problems. Their approaches to systemic bank restructuring have varied substantially. This paper analyzes a representative sample of 24 countries...

Rules and Discretion in International Economic Policy

Rules and Discretion in International Economic Policy »

Series: Occasional Papers

Author(s): Manuel Guitián

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

DOI: http://dx.doi.org/10.5089/9781557752376.084

ISBN: 9781557752376

Keywords: debt, debt strategy, monetary fund, gold, monetary system

Economic interdependence offers the potential for raising global welfare, but there is a fuzzy boundary between national interests and global objectives in the economic policy area. This paper examines the boundary...