The Current Entrenched Global Imbalance

Xiaojiang Zhang

Chapter Chapter 5 in The Industrial Processes of Large Economies, 2022, pp 47-64 from Springer

Abstract: Abstract The globalized industrialization focusing on productivity improvement has started at the end of WWII, with 1944 Bretton Woods introducing the era of US dollar, 1947 GATT initiating broad trade tariff reduction, 1950 Marshall Plan and Korean War Purchase ushering in US-centered international industrial ecosystem.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-8634-4_5

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DOI: 10.1007/978-981-16-8634-4_5

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