Article in Journal
Chapter 2: European Imbalances
Giuseppe Bertola, John Driffill, Harold James, Hans-Werner Sinn, Jan-Egbert Sturm, Ákos Valentinyi
CESifo Group Munich, Munich, 2013
in: EEAG Report on the European Economy 2013, 55-72
CESifo Group Munich, Munich, 2013
in: EEAG Report on the European Economy 2013, 55-72
This chapter identifies the factors that led to imbalances in the euro area, which resulted in the current balance-of-payments crisis. The chapter also discusses how rebalancing might be achieved, and how fiscal policy could accelerate this process.
Included in
EEAG Report on the European Economy 2013 - Rebalancing Europe
Giuseppe Bertola, John Driffill, Harold James, Hans-Werner Sinn, Jan-Egbert Sturm, Ákos Valentinyi
CESifo Group Munich, Munich, 2013
CESifo Group Munich, Munich, 2013