Brad Setser says euro area core GDP should be calculated excluding Ireland, arguing its data can distort the bloc’s underlying economic picture. He says the ECB already effectively does this and urges the IMF to exclude Ireland in balance-of-payments analysis.
published
Brad Setser says euro area core GDP should be calculated excluding Ireland, arguing its data can distort the bloc’s underlying economic picture. He says the ECB already effectively does this and urges the IMF to exclude Ireland in balance-of-payments analysis.
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