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Irrungen und Wirrungen mit der Leistungsbilanzstatistik

Author

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  • Georg Erber

Abstract

In the current crisis the current account surplus and deficit position of single member countries has been considered to be a key indicator of the internal imbalances of the eurozone. German current account surplusses are confronted with current account deficits in the GIIPS countries. But Germany’s current account surplus vis-à-vis these countries has rapidly declined since the outbreak of the global economic and financial crisis mostly caused by the drastic recession in these countries. Furthermore, the near-zero interest rate policy of the ECB has drastically reduced the interest payments from these countries to Germany. Copyright ZBW and Springer-Verlag 2012

Suggested Citation

  • Georg Erber, 2012. "Irrungen und Wirrungen mit der Leistungsbilanzstatistik," Wirtschaftsdienst, Springer;German National Library of Economics, vol. 92(7), pages 465-470, July.
  • Handle: RePEc:spr:wirtsc:v:92:y:2012:i:7:p:465-470
    DOI: 10.1007/s10273-012-1405-0
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    Citations

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    Cited by:

    1. Georg Feigl & Josef Zuckerstätter, 2012. "Wettbewerbs(des)orientierung," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 117, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.
    2. Mavrozacharakis, Emmanouil, 2015. "Das ökonomische und politische Dilemma Europas
      [The economic and political dilemma of Europe]
      ," MPRA Paper 63323, University Library of Munich, Germany.

    More about this item

    Keywords

    E58; E65; F32; H87;

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • H87 - Public Economics - - Miscellaneous Issues - - - International Fiscal Issues; International Public Goods

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