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OECD Economic Surveys: Euro Area 2010
OECD Publishing , Publication date:  13 Dec 2010
Pages: 164 , Language: English
Version: E-book (PDF Format)
ISBN: 9789264090019 , OECD Code: 102010201E1
Price:   €39 | $52 | £28 | ¥5600 | MXN580
Availability: Available
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Other languages:  French (Available)
Superseded by: OECD Economic Surveys: Euro Area 2014 - (Available)
Other Versions:  Print - Paperback
Subscription:  OECD Economic Surveys (Available)

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Frequency: Irregular   Tables: Charts: 55  Electronic format: Acrobat PDF

The 2010 edition of OECD's periodic review of the Euro area economy.  This edition includes chapters covering exiting from the crisis, resolving unsustainable imbalances, rebuilding public finances and fiscal discipline and minimising risks from imbalances in European banking.

Table of contents:
Basic statistics of the euro area (2009) 
Executive summary 
Assessment and recommendations 
Chapter 1. Exiting from the crisis
-The financial crisis triggered a severe recession
-Policy support has helped to stabilise the economyand encourage recovery
-A moderate recovery is under way
-A coherent approach to economic governance is required at euro area, EU and national levels
Chapter 2.  Resolving and avoiding unsustainable imbalances
-Large and persistent external imbalances built up during the upswing
-External balances have been driven by internal economic and financial imbalances
-Measure to restore stability in the near and longer term are needed at European and national level
-Annex 2.A1. Net financial assets by sector
Chapter 3. Rebuilding the public finances and fiscal discipline
-Fiscal consolidation is required
-Sound fiscal policy would contribute to more effective economic stabilisation
-Strengthening fiscal discipline
Chapter 4. Minimising risks from imbalances in European banking
-The bank lending cycle was unsustainable and contributed to imbalances
-Upgrading regulation and supervision to reduce risk
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