Greece : 2013 Article IV Consultation.

Fiscal expansion after euro accession led to a buildup of large economic imbalances, and a program to make fiscal policy and the fiscal and debt position sustainable was initiated. However, the program saw opposition from the outset and structural reforms stalled, which unsettled the investment clim...

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Podrobná bibliografie
Korporativní autor: International Monetary Fund. European Dept
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2013.
Edice:IMF Staff Country Reports; Country Report ; No. 2013/154
On-line přístup:Full text available on IMF
Popis
Shrnutí:Fiscal expansion after euro accession led to a buildup of large economic imbalances, and a program to make fiscal policy and the fiscal and debt position sustainable was initiated. However, the program saw opposition from the outset and structural reforms stalled, which unsettled the investment climate. The Greek government's determination to push ahead with reforms has seen progress in fiscal adjustment and perseverance of the financial sector. However, the social cost of the recession has been very high, and the current program can only succeed if policymakers address the root causes.
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Fyzický popis:1 online resource (69 pages)
Médium:Mode of access: Internet
ISSN:1934-7685
Přístup:Electronic access restricted to authorized BRAC University faculty, staff and students