Global Imbalances and Financial Reform with Examples from China. Global Imbalances and Financial Reform with Examples from China.

Global Imbalances and Financial Reform with Examples from China‪.‬

The Cato Journal 2006, Spring-Summer, 26, 2

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Descripción editorial

I will focus on a familiar issue, the problem of global current account imbalances, and will describe how financial sector reform can help narrow them, using examples from China. The United States is running a current account deficit approaching 6.25 percent of its GDP and over 1.5 percent of world GDP. To help finance it, the United States pulls in 70 percent of all global capital flows. Clearly, such a large deficit is unsustainable in the long run.

GÉNERO
Política y actualidad
PUBLICADO
2006
22 de marzo
IDIOMA
EN
Inglés
EXTENSIÓN
11
Páginas
EDITORIAL
Cato Institute
TAMAÑO
238,3
KB

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