European perspectives on global imbalances
Alan Ahearne and Jürgen von Hagen explore the options European policy makers have in the context of global current account imbalances. Some Europeans are concerned that a disproportionately large burden of adjustment will fall on Europe when the European economy is not flexible enough to cope with a substantial appreciation of the euro. This paper was prepared for the Asia Europe Economic Forum conference.
Year of publication: |
2006-08
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Authors: | Ahearne, Alan ; Hagen, Jürgen von |
Institutions: | Bruegel |
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