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and pre-World War I gold standard eras …
Persistent link: https://www.econbiz.de/10012467043
interest. This image of the current system as Bretton Woods reborn also overlooks how the world has changed since the 1960s … resembling the Bretton Woods System, it is not long for this world …
Persistent link: https://www.econbiz.de/10012468196
countries as a group relative to gross world product. This, in turn, is an indication of increasing severity of adjustment … (UK in the pre World War I period; Germany and Australia in the 1990s) …
Persistent link: https://www.econbiz.de/10012461012
We examine whether the behavior of current account balances changed in the years preceding the global crisis of 2008-09, and assess the prospects for global imbalances in the post-crisis period. Changes in the budget balance are an important factor affecting current account balances for deficit...
Persistent link: https://www.econbiz.de/10012461144