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This paper examines three different explanations of the global financial imbalances. It begins with the neoliberal globalization hypothesis that explains the imbalances as the product of the model of globalization implemented over the past thirty years. It then examines the saving glut and...
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eine hohe Importintensität der Exporte und Nettokapitalzuflüsse die Handelsbilanz beeinflussen. -- Zwillingsdefizite …
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