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...
Príomhchruthaitheoir: | |
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Rannpháirtithe: | |
Formáid: | IRIS |
Teanga: | English |
Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
2010.
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Sraith: | IMF Working Papers; Working Paper ;
No. 2010/139 |
Rochtain ar líne: | Full text available on IMF |