Fiscal Devaluation – Can it Help to Boost Competitiveness?
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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资源简介：
The recent crisis has revealed large differences in external competitiveness between euro area member
countries. Since nominal exchange rate devaluation is not an option for members of a currency area,
governments in troubled member countries have been considering so-called fiscal devaluation, i.e. a
shift from employers’ social security...
