Current Account Imbalances in the Southern Euro Area /

The paper examines the causes, consequences, and potential cures of the large current account deficits in the Southern Euro Area (SEA). These were mostly driven by a decline in private saving rates. But it was the European Monetary Union and the Euro, which enabled these countries to maintain invest...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Jaumotte, Florence
مؤلفون آخرون: Sodsriwiboon, Piyaporn
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2010.
سلاسل:IMF Working Papers; Working Paper ; No. 2010/139
الوصول للمادة أونلاين:Full text available on IMF