Deutsche Leistungsbilanzüberschüsse in der Kritik

Christoph Weber and Katrin Wölfel ()

Wirtschaftsdienst, 2014, vol. 94, issue 7, 500-507

Abstract: Germany runs large current account surpluses. Recently the surplus has been higher than seven per cent of GDP. This has provoked many different criticisms. First, some argue that the euro is the main problem. Second, German wages and prices have been criticised for being too low. Third, according to some critics, German domestic demand should be higher. Fourth, current account surpluses have been assumed to be unsustainable. The article discusses all those arguments and analyses their validity. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2014

Keywords: F10; F41; F49 (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1007/s10273-014-1704-8

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