Dettmann, Georg; Möbert, Jochen; Weistroffer, Christian P. - In: Intereconomics : review of European economic policy 47 (2012) 4, pp. 257-264
Some current account rebalancing within EMU is currently in progress. Following the financial crisis, German current account surpluses with Italy, Spain, Portugal and Greece have decreased. The following article shows that rebalancing has been achieved mainly at the expense of domestic demand in...