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Abstract

A speech delivered by the IMF's Managing Director Christine Lagarde at the German Institute for Economic Research (DIW) as part of the Institute's Europe Lecture Series in Berlin, Germany, on March 26, 2018.

INTERNATIONAL MONETARY FUND

CHRISTINE LAGARDE

A Compass to Prosperity

The Next Steps of Euro Area Economic Integration

Address at the German Institute for Economic Research Berlin, Germany • March 26, 2018

International Monetary Fund Managing Director Christine Lagarde delivered this address at the German Institute for Economic Research (DIW) as part of the Institute’s Europe Lecture Series in Berlin, Germany, on March 26, 2018.

Copyright © 2018

International Monetary Fund

Washington, D.C. 20090, U.S.A.

All Rights Reserved

ISBN: 978-148434960-1 (paper)

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Contents

  • A Compass to Prosperity: The Next Steps of Euro Area Economic Integration

    • 1. The Euro Area Compass

    • 2. Lessons of Success and Crisis

    • 3. The Next Steps of Euro Area Economic Integration

      • Capital Markets Union

      • Banking Union

      • Central Fiscal Capacity

    • Conclusion

  • Collapse
  • Expand
The Next Steps of Euro Area Economic Integration