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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Библиографические подробности
Главный автор: Bluedorn, John
Другие авторы: Aiyar, Shekhar, Duval, Romain, Furceri, Davide
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2019.
Серии:Staff Discussion Notes; Staff Discussion Notes ; No. 2019/005
Online-ссылка:Full text available on IMF

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