This will include work to

Surveillance starts with an alert mechanism that aims to identify Member States with potentially problematic levels of macroeconomic imbalances.

First, stronger eurozone wide supervision should reinforce financial integration, mitigate macroeconomic imbalances, and improve the conduct of monetary policy.

As a result, credit controls on investment projects and a close watch on the money supply have been used to promote macroeconomic stability since China began its market reforms.

Macroeconomic policy questions

Comparative macro economic performance studies

Comparative macro economic performance studies

3.2.2 Macro economic dimension

Analysis of macroeconomic impacts

Sustain macroeconomic stability.

Sustain macroeconomic stability Maintain a stable macroeconomic framework in the context of the International Monetary Fund programme.

2.2 Macroeconomic imbalance procedure

3.2 Macroeconomic imbalance procedure

Overall, a lesson from the crisis is that macroeconomic surveillance should consider sustainability as a cornerstone for elaborating economic strategies.

The system includes the main macro economic aggregates and the financial and non financial accounts by institutional sector .

The Retreat of Macroeconomic Policy

The first is structural convergence.

It is a matter therefore of finding a balance, not massive amounts of money necessarily, though in some cases this may be useful.

Ensure sustained macro economic stability Maintain a stable macroeconomic framework in the context of the International Monetary Fund programme.

2.3 Criteria applied in the MIP implementation procedure

4.3 Macroeconomic impacts on developing countries

No macro economic recommendations were issued for Spain.

ANNEX 2 MACROECONOMIC IMBALANCES PROCEDURE

4.2.1 This will require measures to promote macroeconomic dialogue and, in particular, to establish a macroeconomic dialogue in the euro area (MED EURO).

5.3 This will require measures to promote macroeconomic dialogue and above all to establish a macroeconomic dialogue in the euro area (MED EURO).

5.4 This will require measures to promote macroeconomic dialogue and above all to establish a macroeconomic dialogue in the euro area (MED EURO).

5.4 This will require measures to promote macroeconomic dialogue and, in particular, above all to establish a macroeconomic dialogue in the euro area (MED EURO).

FOLLOW UP AND EVALUATION Follow up arrangements

Ensure macro economic stability Maintain a stable macro economic framework in the context of the International Monetary Fund programme and demonstrate compliance with international financial institution conditionality.

3.2.1 The Committee recognises and supports the need for the MIP as surveillance of key non budgetary variables can identify possible unhealthy trends before they become established.

One factor common to most of the affected countries prior to the crisis was a loss of competitiveness arising from the peg to the US dollar and reflected in the persistence of current account deficits ( although other signs of macroeconomic disequilibrium were absent ) .

4.1.11 Both studies are based on macroeconomic general equilibrium models.

He mentioned the example of macroeconomic imbalances.

So far we have not been involved as partners in the macro economic dialogue.

The ECB 's role in the dialogue The ECB has identified a number of ways in which it might best contribute to the Macroeconomic Dialogue .

6.5.2 The Commission plays a key role in EMU governance not just a supportive role ensuring effective operation but also in terms of budget and macroeconomic surveillance.

This should blunt the macroeconomic impact of bursting bubbles.

Throughout these macroeconomic cycles poverty fluctuates.

Even the eurozone s macroeconomic imbalances largely went unnoticed.

(11) Consolidate progress on macroeconomic stabilisation

(19) Consolidate progress in macro economic stabilisation and growth policies.

General macroeconomic data are drawn from European Commission sources.

The EU is also ready to support specific needs for labour market oriented training and skills development to enhance productivity in SEZ and beyond.

The Commission's analysis leads it to conclude that Malta is no longer experiencing macroeconomic imbalances in the sense of the Macroeconomic Imbalance Procedure.

Business areas