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European perspectives on global imbalances

Author

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  • Alan Ahearne
  • Jürgen von Hagen

Abstract

Alan Ahearne and Jürgen von Hagen explore the options European policy makers have in the context of global current account imbalances. Some Europeans are concerned that a disproportionately large burden of adjustment will fall on Europe when the European economy is not flexible enough to cope with a substantial appreciation of the euro. This paper was prepared for the Asia Europe Economic Forum conference.

Suggested Citation

  • Alan Ahearne & Jürgen von Hagen, 2006. "European perspectives on global imbalances," Working Papers 58, Bruegel.
    • Handle: RePEc:bre:wpaper:58
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