Panousis, Konstantinos P.; Kukuritakēs, Minōas - In: Intereconomics : review of European economic policy 55 (2020) 5, pp. 332-338
Since the mid-2000s, internal and external imbalances have increased in many EU countries. This contributed to the debate over whether government budget deficits affect current account deficits, known as twin deficits hypothesis. It implies that public debt is actually a burden for future...