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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Jaumotte, Florence
מחברים אחרים: Sodsriwiboon, Piyaporn
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2010.
סדרה:IMF Working Papers; Working Paper ; No. 2010/139
גישה מקוונת:Full text available on IMF