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facilitating the resolution of global imbalances while sustaining robust global growth. China, the euro area, Japan, Saudi Arabia …
Persistent link: https://www.econbiz.de/10014409833
After narrowing modestly in 2013, the global scale of current account imbalances, and of excess imbalances, held steady in 2014. Over the last several years, while the country composition of imbalances has rotated somewhat, overall there has been little progress on reducing excess imbalances....
Persistent link: https://www.econbiz.de/10014408543
prices, reflecting both supply shocks and concerns about rebalancing and growth in China, brought about a significant …, heightened global risk aversion, contributed to softer capital inflows and depreciation pressures in many EMs. This moderate … widening of current account imbalances was largely driven by systemic economies. Surpluses in Japan, the euro area and China …
Persistent link: https://www.econbiz.de/10014408606
smaller excess surplus in China and smaller excess deficits in others (Brazil, Indonesia, South Africa, Turkey). This …
Persistent link: https://www.econbiz.de/10014408676
The External Sector Report presents a methodologically consistent assessment of the exchange rates, current accounts, reserves, capital flows, and external balance sheets of the world's largest economies. The 2018 edition includes an analytical assessment of how trade costs and related policy...
Persistent link: https://www.econbiz.de/10014408937
The IMF's Second Pilot External Sector Report presents a multilaterally consistent assessment of the largest economies' external sector positions and policies for 2012-2013 H1. The report integrates the analysis from the Fund's bilateral and multilateral surveillance to provide a coherent...
Persistent link: https://www.econbiz.de/10014410477
The IMF's third Pilot External Sector Report (ESR) presents a multilaterally consistent assessment of the largest economies' external sector positions and policies for 2013 and early 2014. The report integrates the analysis from the Fund's bilateral and multilateral surveillance to provide a...
Persistent link: https://www.econbiz.de/10014410570
This Pilot External Sector Report (ESR) provides a multilaterally consistent analysis of the external positions of major world economies. Following the recommendations of thea2011 Triennial Surveillance Reviewaand the Managing Director'saStatement on Strengthening Surveillance, the focus of the...
Persistent link: https://www.econbiz.de/10014410633
reserves by comparing the cost of holding reserves with their benefits as an insurance against a shock. We find that the …
Persistent link: https://www.econbiz.de/10014401389
This paper presents the views of Lawrence H. Summers on the U.S. current account deficit and the global economy. Summers highlights that the U.S. current account deficit is currently running well in excess of US$600 billion at an annual rate, in the range of 5.5 percent of GDP. It represents...
Persistent link: https://www.econbiz.de/10014402146