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Euro Area Policies

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2004. "Euro Area Policies," IMF Staff Country Reports 2004/234, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2004/234
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=17588
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    Citations

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    Cited by:

    1. Negash Haile Dedeho, 2015. "Analysis of Equilibrium Relationship among Government Budget Deficit, Money Supply and Inflation in Ethiopia: co-integrated VAR Analysis Approach," Ethiopian Journal of Economics, Ethiopian Economics Association, vol. 23(2), December.
    2. Mr. Martin Cihak & Mr. Wim Fonteyne, 2009. "Five Years After: European Union Membership and Macro-Financial Stability in the New Member States," IMF Working Papers 2009/068, International Monetary Fund.
    3. Choudhary, M. Ali & Levine, Paul, 2006. "Idle worship," Economics Letters, Elsevier, vol. 90(1), pages 77-83, January.
    4. Deborah Mabbett & Waltraud Schelkle, 2007. "Bringing Macroeconomics Back into the Political Economy of Reform: the Lisbon Agenda and the 'Fiscal Philosophy' of EMU," Journal of Common Market Studies, Wiley Blackwell, vol. 45, pages 81-103, March.
    5. Helge Berger & Stephan Danninger, 2007. "The Employment Effects of Labor and Product Market Deregulation and Their Implications for Structural Reform," IMF Staff Papers, Palgrave Macmillan, vol. 54(3), pages 591-619, July.
    6. Zachary Kramer, 2019. "Fiscal Sovereignty under EU Crisis Management: A Comparison of Greece and Hungary," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 69(4), pages 595-624, December.
    7. Luca Agnello & Vitor Castro & João Tovar Jalles & Ricardo M. Sousa, 2015. "Fiscal consolidation and financial reforms," Applied Economics, Taylor & Francis Journals, vol. 47(34-35), pages 3740-3755, July.
    8. Mr. Helge Berger & Mr. Stephan Danninger, 2005. "Labor and Product Market Deregulation: Partial, Sequential, or Simultaneous Reform?," IMF Working Papers 2005/227, International Monetary Fund.

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