The EFSF’s mandate is to safeguard financial stability in Europe by providing financial assistance to euro area Member States within the framework of a macro-economic adjustment programme.
The mandate is to safeguard financial stability in Europe by providing financial assistance to Euro area Member States within the framework of a macro-economic adjustment programme.
Box 1.4.Macroeconomic Adjustment In Emerging Market Commodity Exporters
First, macroeconomic adjustment would help offset the impact of sizeable capital inflows.
Continued macroeconomic adjustment should underpin these improvements, as the 2020 elections approach.
Continued macroeconomic adjustment should underpin these improvements as the 2020 elections approach.
Continued macroeconomic adjustment should underpin these improvements, as the 2020 elections approach.
However, macroeconomic adjustment that entails growth-enhancing structural reforms may increase unemployment and worsen inequality in the short run.
However, macroeconomic adjustment that entails growth-enhancing structural reforms such as privatization may increase unemployment and worsen inequality in the short run.
Requêtes fréquentes français :1-200, -1k, -2k, -3k, -4k, -5k, -7k, -10k, -20k, -40k, -100k, -200k, -500k, -1000k,
Requêtes fréquentes anglais :1-200, -1k, -2k, -3k, -4k, -5k, -7k, -10k, -20k, -40k, -100k, -200k, -500k, -1000k,
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