Constantine, Collin - In: Economic Imbalances and Institutional Changes to the …, (pp. 223-242). 2017
This chapter argues that the key Eurozone imbalances are not a failure of nation states. At the heart of the … integration process is the convergence criteria – limits on government deficit, debt, interest rate, inflation, etc. While these … this difference is an important determinant of the key macroeconomic imbalances across the Eurozone. It follows that the …