The report discusses the Eurozone's Net International Investment Position (NIIP) and the implications of persistent current account levels and steady-state growth rates. It compares the Eurozone's NIIP with other countries like Switzerland, Norway, and Japan, and suggests that the Eurozone will converge to a NIIP of around 50%. The report estimates that the Eurozone would need to invest 40% of its current GDP abroad, amounting to €4 trillion, and discusses the impact of Euro depreciation on this process.
documents/vol00010-efta01461076-pdf.pdf
{"title":"Special Report Euroglut here to stay","key_people":["Papadimitriou"],"document_date":"2015-03-09","document_type":"tabular","key_locations":["Eurozone","Switzerland","Norway","Japan","Belgium","Germany","Netherlands"],"key_organizations":["Deutsche Bank"]}