Flaig, Dorothee; Haugh, David; Kowalski, Przemyslaw; … - 2018
Global trade imbalances narrowed in the aftermath of the global financial crisis. They have remained at a lower level … national saving and investment, which are in turn affected by policy distortions, including in trade policy. Simulations of the … OECD’s METRO model show liberalisation of existing trade distortions would modestly narrow aggregate trade imbalances in …