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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7693 |
DP7693 Global Imbalances: In Midstream? | |
olivier blanchard | |
发表日期 | 2010-02-14 |
出版年 | 2010 |
语种 | 英语 |
摘要 | Before the crisis, there were strong arguments for reducing global imbalances. As a result of the crisis, there have been significant changes in saving and investment patterns across the world and imbalances have narrowed considerably. Does this mean that imbalances are a problem of the past? Hardly. The paper argues that there is an urgent need to implement policy changes to address the remaining domestic and international distortions that are a key cause of imbalances. Failure to do so could result in the world economy being stuck in "midstream," threatening the sustainability of the recovery. |
主题 | International Macroeconomics |
关键词 | Current account investment Portfolio choice. Saving |
URL | https://cepr.org/publications/dp7693 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536530 |
推荐引用方式 GB/T 7714 | olivier blanchard. DP7693 Global Imbalances: In Midstream?. 2010. |
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