Adjustment in Euro Area Deficit Countries : Progress, Challenges, and Policies /

Imbalances within the euro area have been a defining feature of the crisis. This paper provides a critical analysis of the ongoing rebalancing of euro area 'deficit economies' (Greece, Ireland, Portugal, and Spain) that accumulated large current account deficits and external liability posi...

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Autor principal: Tressel, Thierry
Altres autors: Kang, Joong, Shambaugh, Jay, Wang, Shengzu
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2014.
Col·lecció:Staff Discussion Notes; Staff Discussion Notes ; No. 2014/007
Accés en línia:Full text available on IMF