| ID | 090806 |
| Title Proper | Role of China in global external imbalances |
| Other Title Information | some further evidence |
| Language | ENG |
| Author | Bagnai, Alberto |
| Publication | 2009. |
| Summary / Abstract (Note) | The large imbalances in the current account positions of the US and the Asian economies are seen by most scholars as the main threat to an orderly development of the global economy. While the opinions on the most likely evolution of these imbalances and on their sustainability do differ across observers, ranging from catastrophic to rather optimistic views, almost all agree that some adjustment will have to take place in the near future, and that this adjustment will involve, among other things, a rebalancing of saving and demand across the globe. As an outcome of this process, China shall increasingly supplement the US in the role of engine of global economic growth. |
| `In' analytical Note | China Economic Review Vol. 20, No. 3; Sep 2009: p508-526 |
| Journal Source | China Economic Review Vol. 20, No. 3; Sep 2009: p508-526 |
| Key Words | Current Account Adjustment ; Trade Simulations ; Migration ; Fiscal Policy ; Exchange Rate Policy ; Global Imbalance - China |