Adjustment in Euro Area Deficit Countries: Progress, Challenges, and Policies
Adjustment in Euro Area Deficit Countries: Progress, Challenges, and Policies
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St. Louis: Federal Reserve Bank of St. Louis
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English
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St. Louis: Federal Reserve Bank of St. Louis
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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 â[euro]oedeficit economiesâ[euro] (Greece, Ireland, Portugal, and Spain) that accumulated large current account deficits and external liability positions in the run-up to the crisis. It shows th...
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Adjustment in Euro Area Deficit Countries: Progress, Challenges, and Policies
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TN_cdi_proquest_journals_1698579679
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_1698579679
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https://www.proquest.com/docview/1698579679?pq-origsite=primo&accountid=13902