01639cas a2200241 a 4500 AALejournalIMF011161 230101c9999 xx r poo 0 0eng d 5.00 USD 9781462339549 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Euro Area Policies : Spillover Report for the 2011 Article IV Consultation and Selected Issues. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (58 pages) IMF Staff Country Reports <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 euro area (EA) plays a major role in the global economy. Market perceptions of events in the EA program countries illustrate the possibility of large spillovers from the area in times of stress. The prospect of large spillovers underscores the urgent need for actions to contain, and eventually overcome, the ongoing crisis. The planned fiscal consolidation in the EA could benefit the rest of the world. Spillovers from gradual monetary policy normalization appear manageable. Execution of the structural reform agenda will carry positive spillovers. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2011/185 Full text available on IMF http://elibrary.imf.org/view/journals/002/2011/185/002.2011.issue-185-en.xml IMF e-Library