The increasing competitiveness of the southern Eurozone

Raphael Auer 11 April 2014

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Current-account (CA) rebalancing is a necessary step for the Southern EZ countries to overcome their debt and external balance of payments crises.1 Figure 1 documents the impressive speed and magnitude of the southern EZ’s CA rebalancing.

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Topics:  Europe's nations and regions International finance

Tags:  eurozone, Eurozone crisis, current account rebalancing

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