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

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

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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.

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    Item Type: Policy Paper
    Uncontrolled Keywords: Capital flow.
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > EMU/EMS/euro
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Bruegel (Brussels) > Third-party Papers
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 27 Oct 2008
    Number of Pages: 18
    Last Modified: 12 Feb 2018 16:07
    URI: http://aei.pitt.edu/id/eprint/9501

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