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United States: Staff Report for the 2011 Article IV Consultation

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  • International Monetary Fund

Abstract

The U.S. economy continues to recover at a modest pace, in line with international experience following severe financial crises. The key priority for fiscal policy is to stabilize the debt ratio and gradually reduce it. The fiscal framework should include an endorsement of the main medium-term fiscal objectives. Executive Directors recommend policy efforts to ease the adjustment of the housing and labor markets. Strengthening the domestic and international crisis-prevention architecture for financial institutions should be a priority. A multilateral approach to economic policy management is critical.

Suggested Citation

  • International Monetary Fund, 2011. "United States: Staff Report for the 2011 Article IV Consultation," IMF Staff Country Reports 2011/201, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2011/201
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=25080
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    Citations

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    Cited by:

    1. Jiri Jonas, 2012. "Great Recession and Fiscal Squeeze at U.S. Subnational Government Level," IMF Working Papers 2012/184, International Monetary Fund.
    2. Carlos Hurtado, 2012. "The Euro Experience: A Review of the Euro Crisis, Policy Issues, Issues Going Forward and Policy Implications for Latin America," Research Department Publications 4786, Inter-American Development Bank, Research Department.
    3. Kristina Spantig, 2012. "International monetary policy spillovers in an asymmetric world monetary system - The United States and China," Global Financial Markets Working Paper Series 2012-33, Friedrich-Schiller-University Jena.
    4. Kristina Spantig, 2015. "International monetary policy spillovers—can the RMB and the euro challenge the hegemony of the US dollar?," Asia Europe Journal, Springer, vol. 13(4), pages 459-478, December.

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