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OECD Economic Surveys: Euro Area 2006
OECD Publishing , Publication date:  16 Feb 2007
Pages: 117 , Language: English
Version: E-book (PDF Format)
ISBN: 9789264029897 , OECD Code: 102006161E1
Price:   €31 | $43 | £27 | ¥4000 | MXN550
Availability: Available
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Other languages:  German (Available) French (Available)
Superseded by: OECD Economic Surveys: Euro Area 2014 - (Available)
Other Versions:  Print - Paperback
Subscription:  OECD Economic Surveys (Available)
Policy brief:  French, English

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Frequency: Irregular   Tables: 19  Charts: 36  Electronic format: Acrobat PDF

OECD's periodic review of the euro area economy. This edition examines whether the recovery is sustainable. Its chapters cover managing diversity, monetary policy and fiscal policy.

Table of contents:
Executive Summary
Assessment and Recommendations
Chapter 1. Managing Diversity
-Recent Economic Performance
-Is Monetary Union Fostering Economic Union?
-The Gains from the Single Currency Are Being Offset by a Lack of Resilience
-Summing Up: Making Monetary Union a Smoother Ride
Annex 1.A1. Entry Criteria for the Euro Area
Chapter 2. Monetary Policy
-The Monetary Stance
-Global Imbalances May Adversely Affect the Euro Area
-The Transmission Mechanism Could be Made More Powerful
-The Role of Monetary Aggregates in Monetary Policy
Annex 2.A1. Headline and Core Inflation: What Attracts What?
Annex 2.A2. Is Money a Useful Indicator?
Chapter 3. Putting Fiscal Policy Back on Track
-There Has Been No Improvement in the Area-Wide Fiscal Position since 1999
-Policy Changes Are Needed
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