Rebalancing the global economy
Subtitle: a primer for policymaking
By: edited by Stijn Claessens, Simon Evenett and Bernard Hoekman
Contributors: Centre for Economic Policy Research (Great Britain)
Publisher: Centre for Economic Policy Research
Published: 2010
Place of publication: London, UK
Language: eng
Format: [electronic resource] :
Number of pages: 204
ISBN-13: 9781907142116
Subjects: Regional economic disparities; Economic policy; Macroeconomics
Description: This new eBook aims to provide policymakers and their advisers with up-to-date, comprehensive analyses of the central facets of global economic imbalances and to identify and evaluate potential national and systemic responses to this challenge.--Publisher description.
Notes: "A VoxEU.org publication."

Description based on print version record.
Table of contents: title: 1. Editors Overview / Stijn Claessens, Simon Evenett and Bernard Hoekman; title: PART 1: How large are contemporary current account imbalances? Why do they persist?; title: 2. Adjustment in global imbalances and the future of trade growth / Caroline Freund; title: 3. On the causes of global imbalances and their persistence: Myths, facts and conjectures / Joshua Aizenman; title: 4. Rebalancing in East Asia / Linda Y.C. Lim; title: PART 2: What are the systemic costs of imbalances?; title: 5. The costs of global imbalances / Richard Portes; title: 6. External imbalances: Costs and consequences of unsustainable trajectories / Catherine L. Mann; title: 7. International imbalances balance risk / Michael Dooley and Peter Garber; title: PART 3: What are the lessons from previous attempts to rebalance the global economy?; title: 8. The history of tackling current account imbalances / Harold James; title: 9. Surplus reversals in large nations: The cases of France and Great Britain in the interwar period / Christopher M. Meissner; title: PART 4: What would rebalancing entail? Which policies must change? Is collective action needed?; title: 10. Does the rise of the BRICs and the credit crisis make it easier to rebalance the world economy? Yes! / Jim O'Neill; title: 11. Exchange rates to support global rebalancing / John Williamson and William R. Cline; title: 12. Why exchange rate changes will not correct global trade imbalances / Ronald I. McKinnon; title: 13. This time will be different? Addressing the unsound post-crisis drivers of global imbalances / Kati Suominen; title: 14. Asia's role in global rebalancing / Jong-Wha Lee; title: 15. Prospects for rebalancing growth in East Asia / Yung Chul Park; title: 16. Global rebalancing: An Indian perspective / Suman Bery; title: 17. Rebalancing the global economy: A view from the BRICs / Ilan Goldfajn; title: 18. Rebalancing the Eurozone and national competitiveness / Filippo di Mauro and Katrin Forster; title: 19. A commercial policy package for rebalancing the global economy? / Przemyslaw Kowalski and Molly Lesher; title: 20. Rebalancing will require supply side policy changes, but pitfalls abound / Vinod K. Aggarwal and Simon Evenett; title: PART 5: The political viability of rebalancing; title: 21. The political economy of rebalancing / Jeffry A Frieden; title: 22. China-US imbalances and Europe's fiscal crisis: Plus ça change? / Geoffrey Garrett; title: PART 6: Are new system-wide accords needed to promote rebalancing or to discourage persistent imbalances?; title: 23. Global governance: Pre and post crisis / Mohamed A El-Erian and Michael Spence; title: 24. Keynes, global imbalances, and international monetary reform, today / Vijay Joshi and Robert Skidelsky; title: 25. Rebalancing: A lesson from the 1940s / Ann Capling; title: 26. Persistent global imbalances / Anne O Krueger; title: 27. International financial safety nets and global imbalances / Olivier Jeanne; title: 28. Managing global imbalances: Is it time to consider some form of sanctions? / Heribert Dieter and Richard Higgott.