1) La descarga del recurso depende de la página de origen
2) Para poder descargar el recurso, es necesario ser usuario registrado en Universia


Opción 1: Descargar recurso

Detalles del recurso

Descripción

The analysis in this Commentary provides strong evidence that the burden of the adjustments to the imbalances in the eurozone between the surplus and the deficit countries is borne almost exclusively by the deficit countries in the periphery. And although the European Commission has now been invested with the important responsibility of monitoring and correcting macroeconomic imbalances in the framework of the Macroeconomic Imbalance Procedure (MIP), the author finds that so far it has imposed a lot of pressure on the deficit countries but fails to impose similar pressure on the surplus countries, with the effect that the eurozone is being kept in a deflationary straitjacket.

Pertenece a

ARCHIVE OF EUROPEAN INTEGRATION   Archive of European Integration  

Autor(es)

De Grauwe, Paul. - 

Id.: 55259322

Versión: 1.0

Estado: Final

Tipo:  application/pdf - 

Palabras claveGreece - 

Tipo de recurso: Policy Paper  -  NonPeerReviewed  - 

Tipo de Interactividad: Expositivo

Nivel de Interactividad: muy bajo

Audiencia: Estudiante  -  Profesor  -  Autor  - 

Estructura: Atomic

Coste: no

Copyright: sí

Formatos:  application/pdf - 

Requerimientos técnicos:  Browser: Any - 

Relación: [References] http://www.ceps.be/book/search-symmetry-eurozone
[References] http://aei.pitt.edu/34848/

Fecha de contribución: 05-may-2012

Contacto:

Localización:
* De Grauwe, Paul. (2012) In search of symmetry in the eurozone. CEPS Commentary, 2 May 2012. [Policy Paper]

Otros recursos del mismo autor(es)

  1. Correcting for the Eurozone Design Failures: The Role of the ECB Macroeconomic policies in the Eurozone have been dysfunctional since the eruption of the financial c...
  2. Design Failures in the Eurozone: can they be fixed? I analyze the nature of the design failures of the Eurozone. I argue first that the endogenous dynam...
  3. Flexibility versus Stability: A difficult trade-off in the eurozone. CEPS Working Document No. 422, 29 April 2016 Optimal currency area (OCA) theory has been influential in pushing eurozone countries towards struct...
  4. Greece is solvent but illiquid. What should the ECB do? CEPS Commentary, 15 June 2015 There is one feature of the sovereign debt crisis in Greece that is widely misunderstood, namely the...
  5. Monetary Policy and Public Investment. CEPS Commentary, 14 January 2016 Since the start of 2015, the ECB has been applying quantitative easing (QE), i.e. a programme in whi...

Otros recursos de la misma colección

  1. Optimal Adjustment Paths in a Monetary Union. CEPS Working Document No. 424 / July 2016 Adjustment to an external imbalance is more difficult within a monetary union if wages are sticky. P...
  2. Negative Rates and Seigniorage: Turning the central bank business model upside down? The special case of the ECB. CEPS Policy Brief No. 344, July 2016 Negative rates have invalidated the normal business model of central banks, which consists of issuin...
  3. The Implications of Brexit for the EU’s Common Security and Defence Policy. CEPS Commentary, 26 July 2016 The UK’s withdrawal from the EU is a defining moment for the Common Security and Defence Policy (CSD...
  4. Understanding the Circular Economy in Europe, from Resource Efficiency to Sharing Platforms: The CEPS Framework. CEPS Special Report No. 143 / July 2016 This paper aims to rethink the concept of the ‘circular economy’ through the prism of its relevance ...
  5. New Thrust for the CSDP from the Refugee and Migrant Crisis. CEPS Special Report No. 142, July 2016 Attempts to broach ‘fortress Europe’ have created a border management crisis for EU member states, a...

Aviso de cookies: Usamos cookies propias y de terceros para mejorar nuestros servicios, para análisis estadístico y para mostrarle publicidad. Si continua navegando consideramos que acepta su uso en los términos establecidos en la Política de cookies.