Leistungsbilanzungleichgewichte in der EU – Eine Herausforderung für die europäische Fiskalpolitik?
In the European Monetary Union there is an ongoing debate about the sustainability of high and long-lasting current account deficits and surpluses. In light of the questions of its proper working as a currency area and inspired by the Optimum Currency Area theory, economic policy proposals have been developed for the institutional amendment of European fiscal policy. This contribution questions if the existing proposals are suitable for addressing the problem of current account balances which are deemed to be excessive. Alternatives have to be developed with a symmetrical impact, thus targeting excessive current account deficits and surpluses as well. At the same time, a challenge for such an alternative would be a more effective implementation than the existing modes of European economic policy coordination.
Volume (Year): 16 (2010)
Issue (Month): 5 ()
|Contact details of provider:|| Postal: Kleine Märkerstrasse 8, 06108 Halle (Saale)|
Phone: (0345) 7753-60
Fax: (0345) 7753-820
Web page: http://www.iwh-halle.de
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:iwh:iwhwiw:5-10-5. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Tobias Henning)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.