Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/204246 
Year of Publication: 
2009
Series/Report no.: 
Policy Notes and Reports No. 3
Publisher: 
The Vienna Institute for International Economic Studies (wiiw), Vienna
Abstract: 
This piece argues that three specific policy issues need to be addressed urgently in Central, Eastern and Southeastern Europe in order to avoid a sustained period of recession or depression (i) orderly exchange rate adjustment (ii) fiscal stress and (iii) financial sector vulnerability. The G-20 Declaration supports significantly the role of the IMF in the current crisis, but there is a need for an additional determined effort by the EU.
Document Type: 
Research Report

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