Global Imbalances : Origins and Prospects

This paper surveys the academic and policy debate on the origins of global imbalances, their prospects after the global crisis, and their policy implications. A conventional view of global imbalances considers them to primarily result from macroeconomic policies and cyclical forces that cause demand...

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Bibliographic Details
Main Authors: Servén, Luis, Nguyen, Ha
Format: Journal Article
Language:en_US
Published: Published by Oxford University Press on behalf of the World Bank 2015
Subjects:
Online Access:http://hdl.handle.net/10986/21429