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When the euro was introduced in 1998, one objective was to create an alternative global reserve...

The IMF’s 2019 External Sector Report shows that global current account balances stand at about 3...

The external sector assessments use a wide range of methods, including the External Balance...

This paper discusses the risks of stagnation over the medium term in the euro area. It examines...

This paper discusses the risks of stagnation over the medium term in the euro area. It examines...

After narrowing modestly in 2013, the global scale of current account imbalances, and of excess...