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The Imf And Its Involvement In Europe

The IMF and its Involvement in Europe

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Title: The IMF and its Involvement in Europe

Essay Details:

Subject: Business

Author: Dora W

Date: October 28, 2013

Level: University

Grade: B

Length: 8 / 2328

Essay text:

The IMF released it inaugural Regional Economic Outlook for Europe which sees growth easing moderately throughout Europe to an inflation-adjusted 3.2 percent in 2008, from 3.7 percent in 2007, unless financial market turmoil fails to dissipate. Emerging Europe’s growth is set to remain relatively robust at 5.7 percent in 2008. Mr. Michael Deppler, Director of the IMF’s European Department, emphasized the report’s main findings: “financial turbulence has hit Europe at a time when growth was showing momentum. Sound policies, a favorable global environment, increasing trade and financial integration been yielding clear growth dividends for advanced economies and convergence benefits for emerging Europe...

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