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Current account imbalances in the Euro area. Bruegel Third-Party Paper, July 2008

Ahearne, Alan and von Hagen, Jurgen and Schmitz, Birgit. (2008) Current account imbalances in the Euro area. Bruegel Third-Party Paper, July 2008.

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Abstract

[The authors]...explain how the EU has increased the tendency of capital flow from relatively rich to relatively poor countries in the euro area, which is a sign of proper functioning of the euro. Hence, new Member States should expect another significant capital inflows upon adopting the euro.

Item Type:Policy Paper
Public Domain:No
Refereed:No
Status:Published
Authors, Individual:Ahearne, Alan and von Hagen, Jurgen and Schmitz, Birgit.
Title:Current account imbalances in the Euro area. Bruegel Third-Party Paper, July 2008
Language:English
Journals and Series:Series > Bruegel (Brussels) > Third-party Papers
Pages:18
Year:2008
Subjects:EU policies and themes > Policies & related activities > economic and financial affairs > EMU/EMS/euro
Keywords:Capital flow.
Alternative Locations:http://www.bruegel.org/Public/PublicationPage.php?ID=1562
ID Code:9501
Deposited By:Wilkin, Phil
Deposited On:27 October 2008