Rebalancing, Growth, and Development in a Multipolar Global Economy
AbstractReduction of large and persistent external imbalances is currently a key focus of G-20 discussions. The paper argues that in a progressively multipolar world economy, the goals of global rebalancing, growth, and development are increasingly inter-linked. Growth-oriented rebalancing calls for emphasizing structural reforms and leveraging the role of developing countries in supporting strong and balanced global growth.
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Bibliographic InfoArticle provided by The World Bank in its journal Economic Premise.
Volume (Year): (2011)
Issue (Month): 57 (May)
Basel III; Imbalances; current account; global imbalances; g20; g-20; development; growth; structural reforms; developing countries;
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