The Evolution of Current Account Deficits in the Euro Area Periphery and the Baltics : Many Paths to the Same Endpoint /
Explanations of the large current account deficits for the euro area periphery and the Baltics in the run up to the crisis revolve around two main factors: deteriorating export performance or demand driven booms. We add that there were important movements in transfers and net income balances. While...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2013.
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| Series: | IMF Working Papers; Working Paper ;
No. 2013/169 |
| Online Access: | Full text available on IMF |