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But huge imbalances remain.
Yet the huge imbalances between the two economies are actually a very recent phenomenon.
"These figures show the huge imbalances which continue to plague the global economy.
The kind of liberty we want is only meaningful if we challenge the huge imbalances in power that exist in England.
Economic science is very clear on the implications of such huge imbalances: foreign lenders need to be compensated for sending scarce capital to any country with a deficit.
On the first question, should we say that external factors rather than those core-periphery capital flows were responsible for the huge imbalances?
Similar(36)
There was a huge imbalance".
"There is a huge imbalance here," she said.
"There is a huge imbalance between Australia's diplomatic and business interests in Africa.
If the Booker is open to US authors it will create a huge imbalance.
But in the process of doing all this "good work" a huge imbalance has been created.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com