"Current Account Imbalances Within the Eurozone" by Tom Augspurger

Article Title

Current Account Imbalances Within the Eurozone

Authors

Tom Augspurger, University of Northern Iowa

Document Type

Article

Abstract

Widening Current Account imbalances were a key feature of the run-up to the global financial crisis. Within the European Monetary Union, large surpluses and deficits emerged among member countries. The imbalances were initially viewed as evidence of the success of the Euro, but they continued to grow and contributed to the recent financial crisis. The problem of imbalances is still with us today and could hamper future growth in the deficit countries.

Publication Date

Spring 2011

Journal Title

Major Themes in Economics

Volume

Issue

First Page

Last Page

Copyright

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.

Language

File Format

application/pdf

Recommended Citation

Augspurger, Tom (2011) "Current Account Imbalances Within the Eurozone," Major Themes in Economics, 13, 23-49.
Available at: https://scholarworks.uni.edu/mtie/vol13/iss1/4