Irrungen und Wirrungen mit der Leistungsbilanzstatistik
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
Volume (Year): 92 (2012)
Issue (Month): 7 (July)
|Contact details of provider:|| Postal: |
Phone: +49 431 8814-1
Fax: +49 431 8814-520
Web page: http://www.springerlink.com/link.asp?id=113054
More information through EDIRC
|Order Information:||Web: http://link.springer.de/orders.htm|
When requesting a correction, please mention this item's handle: RePEc:spr:wirtsc:v:92:y:2012:i:7:p:465-470. 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: (Guenther Eichhorn)or (Christopher F Baum)
If references are entirely missing, you can add them using this form.