Rebalancing the Global Economy

Rebalancing the Global Economy PDF Author: Stijn Claessens
Publisher: CEPR
ISBN: 1907142118
Category : Economic policy
Languages : en
Pages : 215

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Book Description
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. To break down the many facets of this collective economic challenge, leading experts were asked to address one of the following policy-relevant questions. 1. How large are contemporary current account imbalances? Why do they persist? 2. What are the systemic costs of imbalances? 3. What are the lessons from previous attempts to rebalance the global economy? 4. What would rebalancing entail? Which policies must change? Is collective action needed? 5. What is the political viability of proposals to rebalance national economies? 6. Are new system-wide accords needed to promote rebalancing or to discourage persistent imbalances? www.voxeu.org/reports/global_imbalances.pdf

Rebalancing the Global Economy

Rebalancing the Global Economy PDF Author: Stijn Claessens
Publisher: CEPR
ISBN: 1907142118
Category : Economic policy
Languages : en
Pages : 215

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Book Description
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. To break down the many facets of this collective economic challenge, leading experts were asked to address one of the following policy-relevant questions. 1. How large are contemporary current account imbalances? Why do they persist? 2. What are the systemic costs of imbalances? 3. What are the lessons from previous attempts to rebalance the global economy? 4. What would rebalancing entail? Which policies must change? Is collective action needed? 5. What is the political viability of proposals to rebalance national economies? 6. Are new system-wide accords needed to promote rebalancing or to discourage persistent imbalances? www.voxeu.org/reports/global_imbalances.pdf

Rebalancing the Global Economy

Rebalancing the Global Economy PDF Author: Stijn Claessens
Publisher:
ISBN:
Category : Economic policy
Languages : en
Pages : 204

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Book Description
This new eBook aims 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.--Publisher description.

The Great Rebalancing

The Great Rebalancing PDF Author: Michael Pettis
Publisher: Princeton University Press
ISBN: 0691163626
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
How trade imbalances spurred on the global financial crisis and why we aren't out of trouble yet China's economic growth is sputtering, the Euro is under threat, and the United States is combating serious trade disadvantages. Another Great Depression? Not quite. Noted economist and China expert Michael Pettis argues instead that we are undergoing a critical rebalancing of the world economies. Debunking popular misconceptions, Pettis shows that severe trade imbalances spurred on the recent financial crisis and were the result of unfortunate policies that distorted the savings and consumption patterns of certain nations. Pettis examines the reasons behind these destabilizing policies, and he predicts severe economic dislocations that will have long-lasting effects. Demonstrating how economic policies can carry negative repercussions the world over, The Great Rebalancing sheds urgent light on our globally linked economic future.

Rebalancing the Global Economy

Rebalancing the Global Economy PDF Author: Stefan Collignon
Publisher:
ISBN:
Category :
Languages : en
Pages : 140

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Book Description


Global Rebalancing

Global Rebalancing PDF Author: Yongzheng Yang
Publisher: International Monetary Fund
ISBN: 1463922612
Category : Business & Economics
Languages : en
Pages : 33

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Book Description
While global rebalancing will mainly involve structural realignment among major advanced and emerging market economies, it could have significant impact on low-income countries (LICs). Simulations using a global general equilibrium model show that a more balanced global economy would tend to improve the current account balance in LICs with limited impact on domestic output. However, there could be adverse terms of trade effects on some LICs as the prices of manufactured goods rise. On the other hand, such prices increases could provide an impetus to export diversification in many LICs, raising growth in the long run. The output and terms of trade effects would be significantly amplified if structural adjustment is impeded by factor immobility and other rigidities.

Rebalancing, Growth and Development in a Multipolar Global Economy

Rebalancing, Growth and Development in a Multipolar Global Economy PDF Author: Zia Qureshi
Publisher:
ISBN:
Category : Balance of payments
Languages : en
Pages : 6

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Book Description
Reduction of large and persistent external imbalances is currently a key focus of G-20 discussions. The paper argues that in a progressively multipolar world economy, the goals of global rebalancing, growth, and development are increasingly inter-linked. Growth-oriented rebalancing calls for emphasizing structural reforms and leveraging the role of developing countries in supporting strong and balanced global growth.

Imbalance and Rebalance

Imbalance and Rebalance PDF Author: Yang Li
Publisher: Springer
ISBN: 9811061505
Category : Business & Economics
Languages : en
Pages : 266

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Book Description
This book focuses on global financial systems. After summarising historical financial institutions, it subsequently uses economic and econometrical models to analyse the strengths and weaknesses of these institutions and their role in the history. Readers, especially international readers, will be introduced to prominent Chinese scholars’ ideas and views on these issues. The perspective of this book is, of course, a Chinese one. As such, readers will learn how Chinese people view global financial systems, even those dominated by the West, what they think about future global finance, etc. As such, the book offers intriguing and revealing insights for researchers and a broader readership alike.

The Great Rebalancing

The Great Rebalancing PDF Author: Michael Pettis
Publisher:
ISBN: 9780691158686
Category : Business & Economics
Languages : en
Pages : 219

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Book Description
A noted economist argues instead that we are not entering another Great Depression but rather are undergoing a critical rebalancing of the world economies.

Global Rebalancing

Global Rebalancing PDF Author: Mr.Hamid Faruqee
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781475573664
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
This book examines imbalances in seven major economies: China, France, Germany, India, Japan, the United Kingdom, and the United States, evaluating key indicators agreed on by the G20 for identifying large imbalances, including public and private debt and private saving, and countries external position. The chapters describe a suite of corrective steps tailored for each country that, if implemented, could improve prospective economic outcomes, creating sustainable and balanced growth for these economies and serving as a model for other G20 countries.

The Role of Collective Bargaining in the Global Economy

The Role of Collective Bargaining in the Global Economy PDF Author: Susan Hayter
Publisher: Edward Elgar Publishing
ISBN: 1849809836
Category : Political Science
Languages : en
Pages : 337

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Book Description
The book examines the ways in which collective bargaining addresses a variety of workplace concerns in the context of today.s global economy. Globalization can contribute to growth and development, but as the recent financial crisis demonstrated, it also puts employment, earnings and labourstandards at risk. This book examines the role that collective bargaining plays in ensuring that workers are able to obtain a fair share of the benefits arising from participation in the global economy and in providing a measure of security against the risk to employment and wages. It focuses on a commonly neglected side of the story and demonstrates the positivecontribution that collective bargaining can make to both economic and social goals. The various contributions examine how this fundamental principle and right at work is realized in different countries and how its practice can be reinforced across borders. They highlight the numerouschallenges in this regard and the critically important role that governments play in rebalancing bargaining power in a global economy. The chapters are written in an accessible style and deal with practical subjects, including employment security, workplace change and productivity and working time.