Current Account Imbalances in the Euro Area: A Comparative Perspective
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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This paper considers the increase in current account imbalances in euro area countries since the early 1990s. While the euro area as a whole has remained relatively close to external balance, the current account balances of individual countries have diverged: Spain, Greece and Portugal ran large current account deficits by historical norms for...
