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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Tressel, Thierry
Weitere Verfasser: Kang, Joong, Shambaugh, Jay, Wang, Shengzu
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2014.
Schriftenreihe:Staff Discussion Notes; Staff Discussion Notes ; No. 2014/007
Online Zugang:Full text available on IMF