1.
Macroeconomic Imbalances in the Euro Area and Policy Intervention: the Role of Trade with Emerging Economies
(Piero Esposito/Essay)
(Piero Esposito/Essay)
... current account balances. The results indicate that for the main economies, such as France, Italy and Spain, a coordinated and symmetrical policy intervention in order to increase competitiveness and exploit ...
... and competitiveness increase, to promote a transition toward a sustainable economy. To be politically manageable, the European budget should increase moderately and should not exceed, in the medium term, ...