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Rebalancing the Global Economy: A Primer for Policymaking
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Rebalancing the Global Economy: A Primer for Policymaking

Rebalancing the Global Economy: A Primer for Policymaking
by Stijn Claessens, Simon Evenett, Bernard Hoekman
English | 2010 | ISBN: 1907142118 | 212 pages | PDF | 1,2 MB

Such was the concern about the adverse consequences for the world economy of "imbalances" that G-20 Leaders, meeting in Pittsburgh in September 2009, adopted a Framework for Strong, Sustainable, and Balanced Growth. This step followed a growing body of expert opinion that took the view that large, persistent current account imbalances in the major industrialised economies and emerging markets since 2000 had, at the very least, contributed to the global financial crisis witnessed in 2007-8 and to the subsequent Great Recession. The purpose of this electronic book is to provide policymakers and their advisers with up-to-date, comprehensive analyses of the central facets of global economic imbalances and to identify and evaluate potential national and systemic responses to this challenge.
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