How export growth achieved adjustment of massive trade deficits in the euro area

Efstathiou, Konstantinos, Wolff, Guntram B., (2017), “How export growth achieved adjustment of massive trade deficits in the euro area”, Bruegel, 31 Μαΐου

The reduction of current account deficits in euro-area countries since the 2008 crisis is strongly driven by increases in exports that dampened the effect on production of the fall in demand and imports.

Σχετικές Αναρτήσεις

• Eurostat/Euro area international trade in goods surplus €30.9 bn/16 Μαϊου 2017
• Petroulakis, Filippos, (2017), «Internal devaluation in currency unions: the role of trade costs and taxes», European Central Bank Working Paper Series No 2049, Απριλίος