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Disparities in the euro area: a problem for European economic policy

Listed author(s):
  • Catherine Mathieu

    ()

    (OFCE - OFCE - Sciences Po)

  • Henri Sterdyniak

    ()

    (OFCE - OFCE - Sciences Po)

We intend to point out three issues. Disparities in growth, inflation and current account balances are a problem in the euro area. The current functioning of the euro area increases growth disparities between the Member States. It is not only domestic problems which could be improved by increasing flexibility in each country: it is the functioning of EMU that should be improved, especially in an enlarged euro area which will increase disparities further.

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File URL: https://hal-sciencespo.archives-ouvertes.fr/hal-00972794/document
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Paper provided by HAL in its series Working Papers with number hal-00972794.

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Date of creation: 28 Sep 2006
Publication status: Published in 2006
Handle: RePEc:hal:wpaper:hal-00972794
Note: View the original document on HAL open archive server: https://hal-sciencespo.archives-ouvertes.fr/hal-00972794
Contact details of provider: Web page: https://hal.archives-ouvertes.fr/

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