01699cas a2200241 a 4500 AALejournalIMF010887 230101c9999 xx r poo 0 0eng d 20.00 USD 9781589067608 2071-4157 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Regional Economic Outlook, October 2008, Euope : Dealing with Shocks. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (96 pages) Regional Economic Outlook <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The confluence of multiple adverse shocks-the turbulence in financial markets, high commodity prices, and the appreciation of the exchange rate-have depressed growth in Europe. At the same time commodity prices increases have boosted headline inflation. While containing inflation remains a major concern, supporting the recovery is likely to gain policy prominence in the advanced economies. Looking forward, improvements in prudential regulation could mitigate the procyclicality of credit standards, which should help reduce macroeconomic volatility. Cross-border labor flows are generally seen to have beneficial macroeconomic effects. Mode of access: Internet Regional Economic Outlook Full text available on IMF http://elibrary.imf.org/view/books/086/09339-9781589067608-en/09339-9781589067608-en-book.xml IMF e-Library