, such as the size of imbalances, financing, unique cooperation of the IMF and various European facilities, and membership of …

Global current account imbalances widened before the 2007/2008 crisis and have narrowed since. While the post … account surpluses defied global trends and increased. We use panel econometric models to analyse the determinants of medium …. However, in the 2004-07 period, excess imbalances were amplified, which was followed by a forceful correction in 2008-15, with …

This paper dwells on the Eurozone woes and addresses the origins of the transition from a fictitious boom to a painful … bust by unravelling (i) the supply-side structural imbalances that formed the core-periphery economic divide, and (ii) the … the future of the Eurozone that will halt the tearing of the social fabric of its member states. …