Publication
10 Dec 2013
This comment analyzes the negative debate regarding to Germany’s surplus, and argues that it is not just Germany, but a group of "Teutonic" countries that have excess savings. Therefore, it concludes, the Anglophone and EU periphery deficit countries would benefit much more if all of northern Europe, not just Germany, increased its domestic demand. In sum, beating up on Germany alone appears to be the wrong way to get results.
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English (PDF, 2 pages, 158 KB) |
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Author | Daniel Gros |
Series | CEPS Commentaries |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2013 Centre for European Policy Studies (CEPS) |