Rebalancing in the Euro Area and Cyclicality of Current Account Adjustments
Rebalancing in the Euro Area and Cyclicality of Current Account Adjustments
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Publisher
International Monetary Fund
Journal title
Language
English
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Publisher
International Monetary Fund
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Scope and Contents
Contents
The paper examines progress with the external rebalancing of euro area deficit countries. Relative prices are adjusting at different pace across countries and with different compositions of wage cuts and labor shedding. There is so far limited evidence of resource re-allocation from non-tradable to tradable sectors, while improved export performanc...
Alternative Titles
Full title
Rebalancing in the Euro Area and Cyclicality of Current Account Adjustments
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Author / Creator
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Record Identifier
TN_cdi_gale_infotraccpiq_384779849
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_gale_infotraccpiq_384779849
Other Identifiers
ISSN
1018-5941
DOI
10.5089/9781498334426.001
