The mechanics of a strong Euro Area
Subtitle: IMF policy analysis
By: editors Petya Koeva Brooks and Mahmood Pradhan
Contributors: International Monetary Fund
Publisher: International Monetary Fund
Published: 2015
Place of publication: [Washington, D. C.]
Language: eng
Number of pages: 267
ISBN-13: 9781498305532; 9781513566764; 9781513572246
Subjects: Currency question; Financial crises; Structural adjustment (Economic policy); Economic and Monetary Union; Monetary policy; Fiscal policy
Description: "This book focuses on the analytical underpinnings of Fund policy advice during four cycles of the IMF's annual Article IV consultations (2012-15) with euro area authorities. It examines the legacies of the crisis and discusses the role of macroeconomic policies in supporting the recovery and the importance of completing the Economic and Monetary Union architecture"--P. [4] of cover.
Notes: Includes bibliographical references and index.

Also available online.
Table of contents: title: Investment in the Euro Area: why has it been weak? / Bergljot Barkbu ... [et al.]; title: Indebtedness and deleveraging in the Euro Area / Fabian Bornhorst and Marta Ruiz-Arranz; title: Rebalancing: where do we stand and where to go? / Thierry Tressel and Shengzu Wang; title: Fragmentation, and monetary transmission mechanism, and monetary policy in the Euro Area / Ali Al-Eyd and S. Pelin Berkmen; title: Possible subordination effects of Eurosystem bond purchases / Nico Valckx, Kenichi Ueda, and Manmohan Singh; title: An early assessment of quantitative easing / S. Pelin Berkmen and Andreas (Andy) Jobst; title: Fiscal consolidation under the stability and growth pact: some illustrative simulations / Derek Anderson ... [et al.]; title: Fiscal governance in the Euro Area: progress and challenges / Luc Eyraud and Tao Wu; title: A banking union for the Euro Area / Rishi Goyal ... [et al.]; title: Toward a fiscal union for the Euro Area / IMF staff team led by` Ćeline Allard; title: Capital market development: financing of small and medium-sized enterprises in the Euro Area / Ali Al-Eyd ... [et al.]; title: Youth unemployment in Europe: Okun's Law and beyond / Angana Banerji ... [et al.].