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Rebalancing, Growth, and Development in a Multipolar Global Economy

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  • Qureshi, Zia

    () (World Bank)

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.

Suggested Citation

  • Qureshi, Zia, 2011. "Rebalancing, Growth, and Development in a Multipolar Global Economy," World Bank - Economic Premise, The World Bank, issue 57, pages 1-6, May.
  • Handle: RePEc:wbk:prmecp:ep57
    as

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    File URL: http://siteresources.worldbank.org/INTPREMNET/Resources/EP57.pdf
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    References listed on IDEAS

    as
    1. Souleymane Coulibaly & Uwe Deichmann & William R. Dillinger & Marcel Ionescu Heroiu & Ioannis N. Kessides & Charles Kunaka & Daniel Saslavsky, 2012. "Eurasian Cities : New Realities along the Silk Road," World Bank Publications, The World Bank, number 11877.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

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

    JEL classification:

    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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