The Euro Plus Pact: Competitiveness and External Capital Flows in the EU Countries

The Euro Plus Pact was approved by the European Union countries in March 2011. The pact stipulates various measures to strengthen competitiveness with the ultimate aim of preventing accumulation of unsustainable external imbalances. This article uses Granger causality tests to assess the short‐term...

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Veröffentlicht in:	Journal of common market studies 2015-05, Vol.53 (3), p.558-576
Hauptverfasser:	Gabrisch, Hubert, Staehr, Karsten
Format:	Artikel
Sprache:	eng
Schlagworte:	Accumulation Capital flow Capital movement Center and Periphery Common markets Competition Competitiveness Divergence Economic Crises Europe European Monetary Union European Union Financial crisis Labor costs Labour costs Money Studies
Online-Zugang:	Volltext
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