Euro area rebalancing: a symmetric response and easier monetary policy could facilitate the process (Jan 17, 2013)
Euro area rebalancing: a symmetric response and easier monetary policy could facilitate the process (Jan 17, 2013)
Global & Regional Focus Notes
17 Ιανουαρίου 2013
• A symmetric response from surplus countries could facilitate the slow and painful rebalancing process. In Germany, tight labor market conditions should be allowed to operate freely on the determination of employees’ compensation, while initiatives could be taken to boost domestic demand. Both developments would support exports of periphery members...
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