Narrow search
Showing 1 - 10 of 2,839
Cover Image
Large net foreign liabilities of euro area countries : risks, prospects and policy options
Zorell, Nico - 2017
Over recent years, several euro area countries have registered large and persistent net foreign liabilities. This paper examines the risks arising from these external stock imbalances, the prospects for their smooth unwinding and the menu of policy options. The paper demonstrates that external...
Persistent link: https://www.econbiz.de/10011732721
Cover Image
Miracle or mirage : what role can trade policies play in tackling global trade imbalances?
Flaig, Dorothee; Haugh, David; Kowalski, Przemyslaw; … - 2018
Global trade imbalances narrowed in the aftermath of the global financial crisis. They have remained at a lower level … national saving and investment, which are in turn affected by policy distortions, including in trade policy. Simulations of the … OECD’s METRO model show liberalisation of existing trade distortions would modestly narrow aggregate trade imbalances in …
Persistent link: https://www.econbiz.de/10011914188
Cover Image
Real convergence, financial markets, and the current account : emerging Europe versus emerging Asia
Herrmann, Sabine; Winkler, Adalbert - 2008
Global financial integration has been associated with divergent patterns of real convergence and the current account in emerging markets. While countries in emerging Asia have been running sizeable current account surpluses, countries in emerging Europe have been facing large current account...
Persistent link: https://www.econbiz.de/10011641238
Cover Image
The growth effects of current account reversals : the role of macroeconomic policies
Mello, Luiz R. de; Padoan, Pier Carlo; Rousová, Linda - 2011
Persistent link: https://www.econbiz.de/10009689724
Cover Image
The dollar position of the non-US private sector, portfolio effects, and the exchange rate of the dollar
Barenco, Bixio - 1990
Persistent link: https://www.econbiz.de/10000784606
Cover Image
The impact of exchange-rate movements on trade within the single market
1996
Persistent link: https://www.econbiz.de/10000573503
Cover Image
The changing role of the exchange rate for macroeconomic adjustment
Ollivaud, Patrice; Rusticelli, Elena; Schwellnus, Cyrille - 2015
associated with large changes in trade balances and despite the polarisation of international investment positions large currency … reducing exchange rate pass-through to the terms of trade, which may in turn have contributed to reducing the response of trade …
Persistent link: https://www.econbiz.de/10011392842
Cover Image
Analysis of developments in EU capital flows in the global context : taking the perspective of the capital markets union : final report, Bruegel, FISMA/2016/032/B1/ST/OP
Claeys, Gregory; Demertzis, Maria; Domínguez-Jiménez, … - Europäische Kommission - 2019 - November 2019
Persistent link: https://www.econbiz.de/10012212697
Cover Image
A framework for assessing global imbalances
Bracke, Thierry; Bussière, Matthieu; Fidora, Michael; … - 2008
In this paper, we take a systematic look at global imbalances. First, we provide a definition of the phenomenon, and relate global imbalances to widening external positions of systemically important economies that reflect distortions or entail risks for the global economy. Second, we provide an...
Persistent link: https://www.econbiz.de/10011641176
Cover Image
What drives the German current account? : And how does it affect other EU member states
Kollmann, Robert; Ratto, Marco; Röger, Werner; Veld, … - 2014
Persistent link: https://www.econbiz.de/10010440836