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...

Celý popis

Podrobná bibliografie
Hlavní autor: Tressel, Thierry
Další autoři: Kang, Joong, Shambaugh, Jay, Wang, Shengzu
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2014.
Edice:Staff Discussion Notes; Staff Discussion Notes ; No. 2014/007
On-line přístup:Full text available on IMF