Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/219476
Authors: 
Tamborini, Roberto
Year of Publication: 
2018
Series/Report no.: 
EconPol Working Paper 14
Abstract: 
Macroeconomic imbalances (MI) play a prominent role in the "consensus narrative" of the crisis of the Euro Zone (EZ). Accordingly, the package of governance reforms undertaken by the EZ countries amid the crisis includes the Macroeconomic Imbalances Procedure (MIP) to be enacted by the Commission. The whole approach has raised various critical and alternative views. These are examined distinguishing between the "domestic" and "external" dimension of MI, and the controversial issues are identified with reference to the MI relevance, their causes and connections with the crisis, and their policy implications.
Document Type: 
Working Paper

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