Global Imbalances and the International Monetary System

Raphaël Didier and Thomas Lagoarde-Ségot ()
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Raphaël Didier: Université de Lorraine
Thomas Lagoarde-Ségot: KEDGE Business School

Chapter Chapter 9 in Ecological Economics and Finance, 2025, pp 83-93 from Springer

Abstract: Abstract In a closed economy, the private sector balance is the accounting mirror of the public sector balance. But economic openness renders this equality partially obsolete. We now need to consider the accounting relationships between the national private and public sectors and the rest of the world.

Date: 2025
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DOI: 10.1007/978-3-031-71249-4_9

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