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Rebalancing, Growth, and Development in a Multipolar Global Economy

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  • Qureshi, Zia

    ()
    (World Bank)

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    Abstract

    Reduction 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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    File URL: http://siteresources.worldbank.org/INTPREMNET/Resources/EP57.pdf
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    Bibliographic Info

    Article provided by The World Bank in its journal Economic Premise.

    Volume (Year): (2011)
    Issue (Month): 57 (May)
    Pages: 1-6

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    Handle: RePEc:wbk:prmecp:ep57

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    Related research

    Keywords: Basel III; Imbalances; current account; global imbalances; g20; g-20; development; growth; structural reforms; developing countries;

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