Coverart for item
The Resource Adjustment in euro area deficit countries : progress, challenges, and policies, prepared by Thierry Tressel, Shengzu Wang, Joong Shik Kang, and Jay Shambaugh, directed by Jörg Decressin and Petya Koeva Brooks

Adjustment in euro area deficit countries : progress, challenges, and policies, prepared by Thierry Tressel, Shengzu Wang, Joong Shik Kang, and Jay Shambaugh, directed by Jörg Decressin and Petya Koeva Brooks

Label
Adjustment in euro area deficit countries : progress, challenges, and policies
Title
Adjustment in euro area deficit countries
Title remainder
progress, challenges, and policies
Statement of responsibility
prepared by Thierry Tressel, Shengzu Wang, Joong Shik Kang, and Jay Shambaugh, directed by Jörg Decressin and Petya Koeva Brooks
Contributor
Subject
Language
eng
Summary
"Imbalances within the euro area have been a defining feature of the crisis. Since the start of Economic and Monetary Union (EMU), several euro area 'deficit' economies have accumulated large net foreign liabilities (NFLs) on the back of domestic demand booms and large capital inflows. These included Greece, Ireland, Portugal, and Spain. When the crisis hit, capital inflows stopped, and liquidity dried up. The deficit economies suffered deep recessions and very large increases in unemployment rates. The primitive forces that caused external imbalances have partly been reined in, including scaled-back expectations about future productivity growth and related capital flows and reduced implicit guarantees owing to financial sector reforms and policy actions, including debt restructuring."--Executive summary
Member of
Cataloging source
SIMAS
Dewey number
332.152
Index
no index present
LC call number
HG3881.5.I58
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
  • Tressel, Thierry
  • International Monetary Fund
  • International Monetary Fund
Series statement
IMF staff discussion note
Series volume
SDN/14/7
http://library.link/vocab/subjectName
  • Monetary unions
  • Balance of payments
  • Budget deficits
  • Financial crises
  • Balance of payments
  • Budget deficits
  • Financial crises
  • Monetary unions
  • European Union countries
Label
Adjustment in euro area deficit countries : progress, challenges, and policies, prepared by Thierry Tressel, Shengzu Wang, Joong Shik Kang, and Jay Shambaugh, directed by Jörg Decressin and Petya Koeva Brooks
Instantiates
Publication
Note
"July 2014."
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
884536089
Dimensions
unknown
Extent
1 online resource (34 pages).
Form of item
online
Isbn
9781498362900
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781498373814.006
http://library.link/vocab/ext/overdrive/overdriveId
11409239
Publisher number
MWT11409239
Specific material designation
remote
System control number
(OCoLC)884536089
Label
Adjustment in euro area deficit countries : progress, challenges, and policies, prepared by Thierry Tressel, Shengzu Wang, Joong Shik Kang, and Jay Shambaugh, directed by Jörg Decressin and Petya Koeva Brooks
Publication
Note
"July 2014."
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
884536089
Dimensions
unknown
Extent
1 online resource (34 pages).
Form of item
online
Isbn
9781498362900
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.5089/9781498373814.006
http://library.link/vocab/ext/overdrive/overdriveId
11409239
Publisher number
MWT11409239
Specific material designation
remote
System control number
(OCoLC)884536089

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