How Long to Read The Evolution of Current Account Deficits in the Euro Area Periphery and the Baltics

By Mr.Joong Kang

How Long Does it Take to Read The Evolution of Current Account Deficits in the Euro Area Periphery and the Baltics?

It takes the average reader and 23 minutes to read The Evolution of Current Account Deficits in the Euro Area Periphery and the Baltics by Mr.Joong Kang

Assuming a reading speed of 250 words per minute. Learn more

Description

Explanations of the large current account deficits for the euro area periphery and the Baltics in the run up to the crisis revolve around two main factors: deteriorating export performance or demand driven booms. We add that there were important movements in transfers and net income balances. While export performance remained relatively stable in most countries, for some countries, when transfers declined, households and firms borrowed so as to maintain the same level of spending. This was part of a persistent failure to adjust to trade deficits, which, along with rising net income payments, led to growing current account deficits. All of these factors played varying roles in the development of current account deficits across these countries.

How long is The Evolution of Current Account Deficits in the Euro Area Periphery and the Baltics?

The Evolution of Current Account Deficits in the Euro Area Periphery and the Baltics by Mr.Joong Kang is 23 pages long, and a total of 5,819 words.

This makes it 8% the length of the average book. It also has 7% more words than the average book.

How Long Does it Take to Read The Evolution of Current Account Deficits in the Euro Area Periphery and the Baltics Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 31 minutes to read The Evolution of Current Account Deficits in the Euro Area Periphery and the Baltics aloud.

What Reading Level is The Evolution of Current Account Deficits in the Euro Area Periphery and the Baltics?

The Evolution of Current Account Deficits in the Euro Area Periphery and the Baltics is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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