Excédents chinois et déficits américains: un changement dans les déséquilibres globaux

Jean-Pierre Cabannes and Jinghui Wang

Revue d'économie financière, 2011, vol. N° 102, issue 2, 151-162

Abstract: Imbalances between the U.S. and China are in three areas: monetary, trade and economy. Two fundamentally different types of economy are the cause of all other imbalances. International trade and foreign investment (flows of goods and capital) transform these differences in trade surplus for China. In reality, a war of currencies between China and the U.S. would be a superficial conflict that hides deeper structural differences between the two economies. International trade transforms them into a quantitative monetary disequilibrium, which is much easier to observe. Today the situation of the United States requires as many internal changes as for his new competitor: China. However, the real challenge is to find out solutions domestically rather than internationally. Classification JEL: F02, F31, J61, P25.

JEL-codes: F02 F31 J61 P25 (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOFI_102_0151 (application/pdf)
http://www.cairn.info/revue-d-economie-financiere-2011-2-page-151.htm (text/html)
free

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cai:refaef:ecofi_102_0151

Access Statistics for this article

More articles in Revue d'économie financière from Association d'économie financière
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().