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21. Oktober 2014

Veranstaltung

Investment Weakness in the Euro Area and the Need for Public Investment - The IMF Perspective

Termin

21. Oktober 2014
12.30 pm to 2.00 pm

Ort

Schumpeter Hall
Mohrenstr. 58
10117 Berlin

Davide Furceri | IMF Research Department
Bergljot Barkbu | Deputy Representative, IMF Europe Office in Paris and Brussels

As highlighted in the IMF's article IV consultation report for the euro area, investment across the euro area remains below its pre crisis level. Its performance has been weaker than in most previous recessions and financial crises. The IMF analysis shows that much of this weakness can be explained by output dynamics, but that since the sovereign debt crisis, a high cost of capital, financial constraints, corporate leverage, and uncertainty have further held back investment in parts of the euro area.

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