Rebalancing, Growth, and Development in a Multipolar Global Economy

Zia Qureshi ()
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Zia Qureshi: World Bank

World Bank - Economic Premise, 2011, issue 57, 1-6

Abstract: Reduction of large and persistent external imbalances is currently a key focus of G-20 discussions. The paper argues that in a progressively multipolar world economy, the goals of global rebalancing, growth, and development are increasingly inter-linked. Growth-oriented rebalancing calls for emphasizing structural reforms and leveraging the role of developing countries in supporting strong and balanced global growth.

Keywords: Basel III; Imbalances; current account; global imbalances; g20; g-20; development; growth; structural reforms; developing countries (search for similar items in EconPapers)
JEL-codes: F4 F42 F43 O1 O4 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:wbk:prmecp:ep57

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