A European Perspective on External Imbalances (2010:5)


Regardless of whether the global imbalances are seen as a cause, codeterminant or a side-show, the financial crisis has brought back global imbalances on the policy agenda. In this SIEPS research report, Professor Philip R. Lane discusses Europe’s role in global imbalances as well as the intra-European imbalances. In addition, the report focuses on policy problems and how these might be avoided in the future.

The report is part of the research project Long-term Effects of the Economic Crisis and was persented at the seminar Europe and Global Imbalances.

Philip R. Lane is Professor of International Macroeconomics at Trinity College Dublin.