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As consumer spending has slumped, the external imbalances have shrivelled.
"We expect that other G-20 members correct their external imbalances as well".
"Even as external imbalances appear to be resolving themselves, internally the economy is even more skewed towards investment," he wrote.
"It allows us to finance our external imbalances and through that our internal imbalances to an important extent.
Big budget deficits will aggravate these external imbalances and so raise the risk of financial volatility, even a dollar crisis.
Second, there was no established surveillance of the evolution of national competitiveness, and of national external imbalances.
Similar(9)
The external imbalance has dissipated, at least temporarily.
This paper clarifies how dark matter changes our assessment of the US external imbalance.
"The market reappraisal of advanced economies' monetary policies has exposed Turkey's main vulnerability — its external imbalance.
Its external imbalance has narrowed, but a big internal imbalance remains.Even that imbalance may be diminishing, however.
He should offer China a truce if it sticks to structural reforms that reduce its external imbalance.
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