Vogel, Lukas - Directorate-General Economic and Financial Affairs, … - 2011
EMU, other euro area, rest of the world) of QUEST to assess the impact of structural reforms on external positions along … initial improvement of external balances narrows in the long run, however, because growth-enhancing reforms also raise import … structural reforms to their correction. With regard to imbalance prevention, the impact of nominal price/wage flexibility above …