The question is whether these improved current account balance mainly reflect better export fundamentals or lower imports due to lack of economic growth.
 |
| Societe Generale |
Mar 6, 2013
PIIGS Current Account 2011-2012
Société Générale made this chart on the current account balance as a percentage of GDP for Greece, Italy, Spain, Portugal and Ireland. In October 2012 Ireland, Spain and Greece had a positive balance on the current account, meaning that the value of their exports was higher than the value of imports. Especially for Greece this is a tremendous improvement since the huge negative numbers in the beginning of 2011. Both Italy and Portugal also temporarily had a positive balance in the beginning of 2012.
The question is whether these improved current account balance mainly reflect better export fundamentals or lower imports due to lack of economic growth.
The question is whether these improved current account balance mainly reflect better export fundamentals or lower imports due to lack of economic growth.
Subscribe to:
Post Comments (Atom)
Thank you so much for sharing the data chart.
ReplyDeleteimgrum
Check over here
ReplyDeleteF0F53802F5
ReplyDeleteBeğeni Satın Al
EFT ile Takipçi
Bayan Takipçi
A4F84939
ReplyDeletebuharkent esçort
karabük esçort
sarıçam esçort
sakarya esçort numaraları
şırnak esçort
pendik rus esçort
esçort bayan bilecik
esçort düzce
kandıra esçort