Strengthening the Euro Area : The Role of National Structural Reforms in Building Resilience /
Cross-country differences in economic resilience-in an economy's ability to withstand and adjust to shocks-remain significant in the euro area. In part, the differences reflect the lack of a national nominal exchange rate as a mechanism to adjust to shocks. The IMF staff has argued that union-w...
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| Other Authors: | , , |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2019.
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| Series: | Staff Discussion Notes; Staff Discussion Notes ;
No. 2019/005 |
| Online Access: | Full text available on IMF |