The drivers of current account surplus in Germany and the politics of rebalancing in the Eurozone

• Main Author: Ji, Jason Xianbai
• Other Authors: S. Rajaratnam School of International Studies
• Format: Working Paper
• Language: English
• Published: 2015
• Subjects: DRNTU::Social sciences::Political science::International relations
• Online Access: https://hdl.handle.net/10356/98556; http://hdl.handle.net/10220/25652
• Institution: Nanyang Technological University

Current account deficits have caught the public’s attention as they have contributed to the European debt crisis. However, surpluses also constitute an issue as a deficit in any country must be financed through a surplus in another country. In 2013, Germany, now the world’s largest surplus economy,...