Brauchen Wir Nationale Zahlungsbilanzen Im Euroraum? (Do We Need National Balance of Payments Statistics in the Euro Area?)

Wirtschaftspolitische Blätter, Vol. 48, No. 4, pp. 412-422, 2001

Posted: 24 Jun 2011 Last revised: 28 May 2017

See all articles by Heinz Handler

Heinz Handler

Austrian Institute of Economic Research (WIFO); Vienna University of Technology - Institute of Statistics and Mathematical Methods in Economics, Research Group Economics (ECON); Austrian Federal Chancellery - Verwaltungsakademie des Bundes

Christina Burger

Government of the Republic of Austria - Federal Ministry of Economics and Labour

Date Written: 2001

Abstract

In this paper it is argued that with the creation of the Eurozone the national balances of payments have lost their function as monetary indicators. In contrast, the integration of goods and services markets into a single European market has not completely disentitled the national balances on current account of their function as indicators of competitiveness: trade flows between regions are mirrored in respective income flows. The importance of the current account has decreased, however, as the income flows can now be financed on a much wider basis than before.

Keywords: Balance of Payments, Eurozone

JEL Classification: F15, F30

Suggested Citation

Handler, Heinz J. and Burger, Christina, Brauchen Wir Nationale Zahlungsbilanzen Im Euroraum? (Do We Need National Balance of Payments Statistics in the Euro Area?) (2001). Wirtschaftspolitische Blätter, Vol. 48, No. 4, pp. 412-422, 2001, Available at SSRN: https://ssrn.com/abstract=1869186

Heinz J. Handler (Contact Author)

Austrian Institute of Economic Research (WIFO) ( email )

P.O. Box 91
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Vienna, A-1103
Austria
+43 1 79826010 (Phone)

HOME PAGE: http://www.wifo.ac.at

Vienna University of Technology - Institute of Statistics and Mathematical Methods in Economics, Research Group Economics (ECON) ( email )

Wiedner Hauptstraße 8/105-3
Vienna, 1040
Austria

HOME PAGE: http://www.econ.tuwien.ac.at

Austrian Federal Chancellery - Verwaltungsakademie des Bundes ( email )

Mauerbachstrasse 43-45
Vienna, A-1140
Austria

Christina Burger

Government of the Republic of Austria - Federal Ministry of Economics and Labour ( email )

Stubenring 1
Vienna, 1011
Austria

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