Atoyan, Ruben; Manning, Jonathan F; Rahman, Jesmin - International Monetary Fund (IMF) - 2013
adjustments. Countries are adjusting at different paces and ways reflecting the source and magnitude of imbalances, availability … of financing, competitiveness of the tradable sector and external environment. While emerging European countries with … growth, adjustment in the euro zone periphery countries, which are also carrying a legacy of pre-crisis CA imbalances, has …