Current account deficits in Greece, Portugal and Spain — origins and consequences
Busch, Berthold ; Grömling, Michael ; Matthes, Jürgen
Intereconomics. Review of European Economic Policy
2011
46
6
November - December
354-360
fiscal policy ; national accounts ; public debt
Public finance and taxation
English
"In light of the shortcomings of the Stability and Growth Pact, there has been a recognition that a surveillance framework is needed which goes beyond fiscal issues to cover wider macroeconomic factors. The question arises whether the surveillance and connected reform criteria should be applied symmetrically, to all members of the eurozone, or whether they should specifically target countries with current account deficits."
Paper
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