Current Account Problems in the EMU – is there a Need to Adapt Fiscal Policy?

Large swings of current accounts have been a side-effect of economic integration in the European Monetary Union. Moreover, there seems to be a correlation between current accounts and the budget balance. This contribution is an inquiry into possible ways of equilibration of these balances. The focus is on fiscal policy advancements in EMU.

02. September 2011

Authors Toralf Pusch Marina Grusevaja

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