Author: Philip Lane

This important IMF paper is a rich account of how external imbalances emerged in the euro area. A key policy issue it highlights is the importance of the external value of the euro as a key variable.

Check it out here.

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The Good, the Bad, and the Ugly: 100 Years of Dealing with Public Debt Overhangs

Resilience in Emerging Market and Developing Economies: Will It Last?

New CSO release here.