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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Dettagli Bibliografici
Autore principale: Tressel, Thierry
Altri autori: Kang, Joong, Shambaugh, Jay, Wang, Shengzu
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2014.
Serie:Staff Discussion Notes; Staff Discussion Notes ; No. 2014/007
Accesso online:Full text available on IMF