Marchetti, Juan A.; Ruta, Michele; Teh, Robert - 2021
financial policies that contributed to the imbalances. The inability to manage these issues at the international level reflects … activities — negotiations, rule-making and dispute settlement — to deal with trade imbalances and with the main factors leading …-up of unsustainable imbalances. Second, in the context of a broad international effort to coordinate macroeconomic, exchange …