1.
Macroeconomic Imbalances in the Euro Area and Policy Intervention: the Role of Trade with Emerging Economies
(Piero Esposito/Essay)
(Piero Esposito/Essay)
The aim of this paper is to evidence the benefits of a coordinated and symmetrical policy approach in the reduction of macroeconomic imbalances among Eurozone countries by analysing the exploitation of ...
2.
Global Imbalances and the Transition to a Symmetric World Monetary System
(Riccardo Fiorentini/Essay)
(Riccardo Fiorentini/Essay)
This article investigates some of the causes of the financial crisis – global imbalances and unsatisfactory regulation of world liquidity – and supports the need to reform the present asymmetric international ...