Global Imbalances - Their Sustainability and the Role of the Dollar
Balicki Artur
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Balicki Artur: Collegium of World Economy, Warsaw School of Economics, Madalińskiego 6/8 162, 02-554 Warszawa
Folia Oeconomica Stetinensia, 2011, vol. 10, issue 1, 99-109
Abstract:
This paper aims at delivering some analysis on the complex issue of global imbalances in the pattern of exports and imports of goods and services and simultaneous flow of capital in the world economy during the last decade. It discusses why these flows were principally streaming from developing to developed countries and what are their main driving forces. It also embarks on the problem of sustainability of global imbalances and the dollar playing an important role in reshaping them.
Keywords: global imbalances; current account deficits and surpluses; national saving and investment; saving glut; Bretton Woods II; asset shortage; dollar; international reserves; global imbalances; current account deficits and surpluses; national saving and investment; saving glut; Bretton Woods II; asset shortage; dollar; international reserves (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:foeste:v:10:y:2011:i:1:p:99-109:n:1
DOI: 10.2478/v10031-011-0001-6
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