Macroeconomic Policy Advice and the Article IV Consultations: A European Union Case Study

Mark Weisbrot and Helene Jorgensen

CEPR Reports and Issue Briefs from Center for Economic and Policy Research (CEPR)

Abstract: The IMF makes policy recommendations to European countries through its Article IV consultations and resulting papers. This paper examines IMF policy recommendations to see whether they have contributed to the ongoing crisis in Europe, and also how they might affect other European Union goals such as those of Europe 2020, which seeks to reduce social exclusion, promote public investment in research and development, and promote employment and education. The paper examines the policy advice given by the IMF to European Union countries in 67 Article IV agreements for the four years 2008-2011 (IMF 2012c).

Keywords: ILO; IMF; article Iv (search for similar items in EconPapers)
JEL-codes: E E5 E6 F J (search for similar items in EconPapers)
Pages: 50 pages
Date: 2013-01
New Economics Papers: this item is included in nep-eec, nep-mac and nep-pke
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:epo:papers:2013-03

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