| Description |
1 online resource (70 pages) |
| Series |
IMF country report ; no. 11/201 |
|
IMF country report ; no. 11/201.
|
| Contents |
Cover; CONTENTS; BACKDROP: A TEPID RECOVERY AMID STRAINED MACROECONOMIC POLICIES; THE ANATOMY OF THE SLOW RECOVERY; BOXES; 1. The Future of Securitization in the United States; OUTLOOK AND RISKS; POLICY DISCUSSIONS; A. Fiscal Policy: In Search of a Medium-Term Framework; 2. U.S. Policy Spillovers to the Rest of the World; 3. Long-Term Outlook for the U.S. Federal Government Finances; 4. Fiscal Challenges Facing the U.S. State and Local Governments; 5. Short-Run Effect of Fiscal Policy on Activity; B. Housing Markets: The Challenge of Easing Adjustment |
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6. Administration's Response to the Housing CrisisC. Labor Markets: Lower Unemployment and Improve Matching; D. Monetary Policy: Continued Accommodation; E. Financial Policy: Restoring Financial Resilience; 7. U.S. Financial Exposure to Europe; 8. U.S. FSAP Recommendations One Year Later and DFA Implementation; F. The United States and the World Economy; STAFF APPRAISAL; TABLES; 1. Selected Economic Indicators; 2. Balance of Payments; 3. Federal and General Government Finances; 4a. General Government Statement of Operations; 4b. General Government Financial Assets and Liabilities |
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5. Indicators of External and Financial Vulnerability6. Status of Major Financial Stability and Fed Programs; 7. US FSAP Key Recommendations; FIGURES; 1. The Recovery in Perspective; 2. The Economy Hit Another Soft Patch in the First Half of 2011; 3. Macro Policy Levers are Strained; 4. Real Estate Still Under Stress; 5. Households Shedding Debt Burdens; 6. Loss of Household Wealth Weighing on Consumption; 7. Lack of Dynamism in Labor Markets; 8. Slow Financial Sector Healing; 9. Corporate Sector Gaining Strength; 10. Core Inflation Remains Subdued; 11. The Dollar, Financial Flows, and Trade |
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12. U.S. Federal Government Plans to Embark on a Fiscal Consolidation13. State and Local Government Finances Are Under Pressure; CONTENTS; I. Fund Relations; II. Statistical Issues |
| Summary |
The U.S. economy continues to recover at a modest pace, in line with international experience following severe financial crises. The key priority for fiscal policy is to stabilize the debt ratio and gradually reduce it. The fiscal framework should include an endorsement of the main medium-term fiscal objectives. Executive Directors recommend policy efforts to ease the adjustment of the housing and labor markets. Strengthening the domestic and international crisis-prevention architecture for financial institutions should be a priority. A multilateral approach to economic policy management is cr |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from PDF title page (IMF Web site, viewed September 23, 2011) |
| Subject |
International Monetary Fund -- United States
|
| SUBJECT |
International Monetary Fund fast |
| Subject |
Economic indicators -- United States
|
|
Economic history
|
|
Economic indicators
|
|
Economic policy
|
| SUBJECT |
United States -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh85140020
|
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United States -- Economic policy.
http://id.loc.gov/authorities/subjects/sh85140033
|
| Subject |
United States
|
| Form |
Electronic book
|
| Author |
International Monetary Fund.
|
| ISBN |
1283554798 |
|
9781283554794 |
|
9781463900878 |
|
1463900872 |
|
1463900899 |
|
9781463900892 |
|
