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Financial crisis, economic adjustment and a return to growth in the EU

Author

Listed:
  • John FitzGerald

Abstract

This paper considers how a range of economies are adjusting to the external imbalances that they faced at the beginning of the current crisis. It also considers how the real economy may adjust when recovery eventually takes hold. Finally it considers how the adjustments under way will contribute to a return to long-term growth. JEL Classification: E63, F32.

Suggested Citation

  • John FitzGerald, 2013. "Financial crisis, economic adjustment and a return to growth in the EU," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(1), pages 275-302.
    • Handle: RePEc:cai:reofsp:reof_127_0275
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    More about this item

    Keywords

    joint analysis of fiscal and monetary policy; stabilisation; current account adjustment;
    All these keywords.

    JEL classification:

    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements

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