Europe and Global Imbalances /

Although Europe in the aggregate is a not a major contributor to global current account imbalances, its trade and financial linkages with the rest of the world mean that it will still be affected by a shift in the current configuration of external deficits and surpluses. We assess the macroeconomic...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Lane, Philip
Rannpháirtithe: Milesi-Ferretti, Gian
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2007.
Sraith:IMF Working Papers; Working Paper ; No. 2007/144
Rochtain ar líne:Full text available on IMF
Cur síos
Achoimre:Although Europe in the aggregate is a not a major contributor to global current account imbalances, its trade and financial linkages with the rest of the world mean that it will still be affected by a shift in the current configuration of external deficits and surpluses. We assess the macroeconomic impact on Europe of global current account adjustment under alternative scenarios, emphasizing both trade and financial channels. Finally, we consider heterogeneous exposure across individual European economies to external adjustment shocks.
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Cur síos fisiciúil:1 online resource (59 pages)
Formáid:Mode of access: Internet
ISSN:1018-5941
Rochtain:Electronic access restricted to authorized BRAC University faculty, staff and students