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...
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| Beste egile batzuk: | |
| Formatua: | Aldizkaria |
| Hizkuntza: | English |
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Washington, D.C. :
International Monetary Fund,
2010.
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| Saila: | IMF Working Papers; Working Paper ;
No. 2010/139 |
| Sarrera elektronikoa: | Full text available on IMF |