Euro Area Policies : Staff Report

Staff Report

Euro Area Policies : Staff Report
This paper focuses on euro area policies. The monetary policy stance remains appropriate for now. Fiscal policies are falling well short of consolidation requirements, and the area remains insufficiently prepared for the looming demographic shock. Past fiscal policy failures, notably insufficient adjustment during economic upswings, have... READ MORE...

Publication date: August 2005
ISBN 9781451813012
$15.00

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