Periphery countries and Sado-monetarism: Difference between pages

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imported>Doug Williamson
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imported>Charles Cresswell
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''Eurozone.''
#REDIRECT [[Sadomonetarism]]
 
In relation to the Eurozone, the 'periphery' is a collective name for the five countries in the Eurozone with relatively weaker economies:
 
Portugal, Ireland, Italy, Greece and Spain.
 
 
These five countries are sometimes known as 'PIIGS', from the initial letters of their names, or 'SWEAP' (South and West Euro Area Periphery).
 
 
:<span style="color:#4B0082">'''''Core and periphery diverge'''''</span>
 
:"The eurozone periphery, except for Ireland, remains depressed relative to the core countries. Spain and Portugal are recovering at a glacial pace, but Italy remains mired in a decade-long recession. In Greece, domestic demand is cripplingly low...
 
:Meanwhile, Germany and the Netherlands have ballooning trade surpluses.
 
:The imbalances that caused the eurozone crisis have not gone away."
 
 
:''The Treasurer magazine, Cash Management Edition April 2019 p21, Frances Coppola, economics and finance commentator and speaker.''
 
 
 
 
 
 
== See also ==
* [[Core countries]]
* [[European Monetary Union]]
* [[Eurozone]]
* [[eurozone crisis]]
* [[Grexit]]

Latest revision as of 21:49, 10 July 2013

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