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Are structural reforms the answer to global current account imbalances?

Author

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  • Mike Kennedy
  • Torsten Sløk

Abstract

The impact of structural reforms on external imbalances has attracted considerable attention in view of the existing constellation of relative growth rates and current account balances among OECD economies. Not least among policy makers, what should and can be done to help solve the problem has been discussed extensively.

Suggested Citation

  • Mike Kennedy & Torsten Sløk, 2006. "Are structural reforms the answer to global current account imbalances?," OECD Economic Studies, OECD Publishing, vol. 2005(2), pages 47-73.
  • Handle: RePEc:oec:ecokaa:5l4th8wr0x5f
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    File URL: http://dx.doi.org/10.1787/eco_studies-v2005-art10-en
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    Cited by:

    1. Robert A Buckle & Amy A Cruickshank, 2007. "The Challenge of Structural Change in APEC Economies," Treasury Working Paper Series 07/06, New Zealand Treasury.
    2. Anna Ivanova, 2012. "Current Account Imbalances; Can Structural Policies Make a Difference?," IMF Working Papers 12/61, International Monetary Fund.
    3. Skorepa, Michal & Komarek, Lubos, 2015. "Sources of asymmetric shocks: The exchange rate or other culprits?," Economic Systems, Elsevier, vol. 39(4), pages 654-674.
    4. van Treeck, Till. & Sturn, Simon., 2012. "Income inequality as a cause of the Great Recession? : A survey of current debates," ILO Working Papers 994709343402676, International Labour Organization.
    5. Berger, Helge & Nitsch, Volker, 2014. "Wearing corset, losing shape: The euro's effect on trade imbalances," Journal of Policy Modeling, Elsevier, vol. 36(1), pages 136-155.

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