Now, we will move on and look at a second problem, which is the detection of macroeconomic imbalances in different countries, particularly within the European Union, which, in my opinion, failed and increased the damage of the financial crisis.
In this chapter, we will take a look at what our problem is and create clusters for the countries that have been identified as suffering from macroeconomic imbalances. We will cover the following topics:
- A general overview of economic problems in the European Union
- Clustering countries based on macroeconomic imbalances
