| Autor: |
Ioannis Litsios, Mark Baimbridge, Karen Jackson, Uih Ran Lee |
| Rok vydání: |
2017 |
| Předmět: |
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| Zdroj: |
The Segmentation of Europe ISBN: 9781137590121 |
| DOI: |
10.1057/978-1-137-59013-8_7 |
| Popis: |
The purpose of this chapter is to examine the current account–real exchange rate nexus for the three eurozone south periphery economies of Greece, Portugal and Spain and reach interesting conclusions on whether economic policies targeting the real exchange rate could be beneficial for improving current account balances in these economies. Evidence suggests that a real depreciation in the periphery (as typified by Greece, Portugal and Spain) can lead to an improvement of these economies’ current account balances. |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
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