Hostname: page-component-cd9895bd7-dk4vv Total loading time: 0 Render date: 2024-12-26T22:18:01.059Z Has data issue: false hasContentIssue false
  • English
  • Français

Destocking in the Euro Area

Published online by Cambridge University Press:  26 March 2020

Get access Rights & Permissions [Opens in a new window]

Extract

Recession in the Euro Area continues. The contraction in the fourth quarter of 2008 was much sharper than that observed in the previous quarter. The Euro Area economy shrank by 1.6 per cent on a quarterly basis as compared to a decline of 0.3 per cent in the third quarter of 2008. Early 2009 has seen further decreases in economic activity in the single currency block.

Type
Articles
Information
National Institute Economic Review , Volume 208: Ten Years of EMU , April 2009 , pp. 26 - 38
Copyright
Copyright © 2009 National Institute of Economic and Social Research

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Barrell, R., Fic, T. and Holland, D. (2009), ‘Evaluating policy reactions to the financial crisis’, National Institute Economic Review, 207, pp. 39–42.CrossRefGoogle Scholar
Barrell, R., Liadze, I. and Pomerantz, O. (2007), Import Growth, Globalisation and the Impact of Trade Liberalisation, NIESR Discussion Paper No. 294.Google Scholar
IMF (2009), World Economic Outlook, April 2009.Google Scholar
OECD (2009), Economic Outlook: Interim Report, March 2009.Google Scholar