Adjustment in Euro Area Deficit Countries: Progress, Challenges, and Policies

Autor:	Tressel, Thierry, International Monetary Fund
Předmět:	Balance of payments--European Union countries, Monetary unions--European Union countries, Financial crises--European Union countries, Budget deficits--European Union countries
Kategorie:	BUSINESS & ECONOMICS / General, BUSINESS & ECONOMICS / International / Economics & Trade
Popis:	Imbalances within the euro area have been a defining feature of the crisis. This paper provides a critical analysis of the ongoing rebalancing of euro area “deficit economies” (Greece, Ireland, Portugal, and Spain) that accumulated large current account deficits and external liability positions in the run-up to the crisis.
Databáze:	eBook Collection (EBSCOhost)
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