Arbeitspapier

Macroeconomic Imbalances and the Euro Zone. Alternative Views

Macroeconomic imbalances (MI) play a prominent role in the "consensus narrative" of the crisis of the Euro Zone (EZ). Accordingly, the package of governance reforms undertaken by the EZ countries amid the crisis includes the Macroeconomic Imbalances Procedure (MIP) to be enacted by the Commission. The whole approach has raised various critical and alternative views. These are examined distinguishing between the "domestic" and "external" dimension of MI, and the controversial issues are identified with reference to the MI relevance, their causes and connections with the crisis, and their policy implications.

Language
Englisch

Bibliographic citation
Series: EconPol Working Paper ; No. 14

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Tamborini, Roberto
Event
Veröffentlichung
(who)
ifo Institute - Leibniz Institute for Economic Research at the University of Munich
(where)
Munich
(when)
2018

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Tamborini, Roberto
  • ifo Institute - Leibniz Institute for Economic Research at the University of Munich

Time of origin

  • 2018

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