Flawed currency areas and viable currency areas : external imbalances and public finance in the time of the euro.
Tipo de material:
ArtículoIdioma: Inglés ISSN: - 0277-5921
Contenidos:
En: Contributions to political economyResumen: The main problem discussed in this paper is whether a balance of payments constraint exists within the euro area.
Introduction, 73 ; Territorial disparities, regional public finance inflows and current account deficits, 76 ; The tiny EU Federal Budget, 84 ; External imbalances and their settlement, 88 ; An impossible task for a payment system, 90 ; External constraints and austerity rules in a common currency area, 93
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Bibliografía : páginas 95-96.
Introduction, 73 ; Territorial disparities, regional public finance inflows and current account deficits, 76 ; The tiny EU Federal Budget, 84 ; External imbalances and their settlement, 88 ; An impossible task for a payment system, 90 ; External constraints and austerity rules in a common currency area, 93
The main problem discussed in this paper is whether a balance of payments constraint exists within the euro area.
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