IMF paper examines eurozone current account imbalances


A working paper published by the International Monetary Fund (IMF), on September 28, asks whether current account imbalances of eurozone countries can be attributed to external trade shocks, or if they are the result of an inside issue.

The authors, Ruo Chen, Gian-Maria Milesi-Ferretti and Thierry Tressel, find Chinese competition has damaged the eurozone's exports, particularly in several Southern European countries, while import demand in China "provided little benefits" to their trade

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: