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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Jaumotte, Florence
Muut tekijät: Sodsriwiboon, Piyaporn
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2010.
Sarja:IMF Working Papers; Working Paper ; No. 2010/139
Linkit:Full text available on IMF