Sanchez, Jose Luis Diaz; Varoudakis, Aristomene - Economics Research, World Bank Group - 2013
adjustments, have been key drivers of current account fluctuations. Changes in competitiveness, measured by real exchange rates or … dynamics in the Eurozone periphery than in the core, whereas competitiveness has been a less prominent factor in the periphery … but relatively more important in the core. Changes in competitiveness are positively associated with changes in growth …