Triebkräfte und Lösungsansätze Globaler und Europäischer Leistungsbilanzungleichgewichte (Determinations of and Economic Policy Solutions for Global and Intra-European Imbalances)

@inproceedings{Schnabl2011TriebkrfteUL,
  title={Triebkr{\"a}fte und L{\"o}sungsans{\"a}tze Globaler und Europ{\"a}ischer Leistungsbilanzungleichgewichte (Determinations of and Economic Policy Solutions for Global and Intra-European Imbalances)},
  author={G. Schnabl},
  year={2011}
}
  • G. Schnabl
  • Published 2011
  • Economics
  • The paper scrutinizes the determinants of global and intra-European current account imbalances, which have continued to grow since the turn of the millennium up to the recent crisis. For Europe, the reasons of the current account imbalances are identified to originate in the German attempts to consolidate public finances and to restore the international competitiveness of the enterprise sector after the end of its reunification boom. On a global level, expansionary monetary and fiscal policies… CONTINUE READING

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