01611cas a2200241 a 4500 AALejournalIMF002499 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451816150 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Greece : Selected Issues. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (50 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper analyzes the major factors that may have contributed to the marked widening of the external current account imbalance in Greece since the mid-1990s, with the deficit reaching one of the highest levels (in relation to GDP) among advanced economies. The factors reviewed include developments in relative cost and other competitiveness indicators, business cycle asynchronization, and idiosyncratic supply shocks and immigration. Potential implications of euro area entry are discussed, in particular the impact of declining interest rates in the context of monetary union. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2003/157 Full text available on IMF http://elibrary.imf.org/view/journals/002/2003/157/002.2003.issue-157-en.xml IMF e-Library