Adjustment in the Global Economy

Jose De Gregorio

World Economics, 2011, vol. 12, issue 3, 153-162

Abstract: This article discusses the global adjustment process and the current challenges for policymaking, with a special focus on the asymmetries and their implications for economic policy. It reviews the uneven recovery faced by developed and emerging economies. Emphasis is made on the situation of China and the US, especially in terms of the implications of their adjustments to the global economic tensions. The article also puts a highlight on the challenges that the emerging economies face, in terms of exchange rate appreciations, capital inflows and inflation pressures and their implications for economic policy management. Policymakers in emerging economies should secure a strong and sustainable growth, and containing inflationary pressures is a key factor in this endeavor.

Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldeconomics.com/Journal/Papers/Article.details?ID=487 (application/pdf)

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:wej:wldecn:487

Access Statistics for this article

More articles in World Economics from World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE
Bibliographic data for series maintained by Ed Jones ().