Trade and Investment
What are the pitfalls of Eurozone bilateral trade imbalance measures?
Due to the emergence of global value chains, trade imbalances within the Eurozone are a result of the international organisation of production.
Filippo di Mauro is Senior Adviser in the Research Department of the European Central Bank (ECB), and chairman of CompNet, a large research network on competitiveness among EU central banks and other major international institutions.