Servicios Personalizados
Revista
Articulo
Indicadores
- Citado por SciELO
- Accesos
Links relacionados
- Similares en SciELO
Compartir
Problemas del desarrollo
versión impresa ISSN 0301-7036
Resumen
CARRASCO, Carlos. The Origin of Macroeconomic Imbalances in the Spanish Economy. Prob. Des [online]. 2014, vol.45, n.179, pp.91-115. ISSN 0301-7036.
This work studies the origin of macroeconomic imbalances in the Spanish economy in the context of European integration, analyzing some of the major hypotheses found in economic literature as causes of imbalances in current accounts, disparities in competitiveness among member states and the fiscal position of the Spanish government. We emphasize the breaking point of adopting a single currency and how this has affected interest rates, economic growth forecasts and the strong and continuous inflow of capital from countries in the Eurozone core, contributing to the real-estate bubble and leveraging the private sector.
Palabras llave : Current accounts; competitiveness; exchange rates; monetary policy; European integration.