Global Rebalancing: A Roadmap for Economic Recovery

August 9, 2013

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Format: Chicago

Hamid Faruqee, and Krishna Srinivasan. Global Rebalancing: A Roadmap for Economic Recovery, (USA: International Monetary Fund, 2013) accessed December 3, 2024

Summary

This book examines imbalances in seven major economies: China, France, Germany, India, Japan, the United Kingdom, and the United States, evaluating key indicators agreed on by the G20 for identifying large imbalances, including public and private debt and private saving, and countries external position. The chapters describe a suite of corrective steps tailored for each country that, if implemented, could improve prospective economic outcomes, creating sustainable and balanced growth for these economies and serving as a model for other G20 countries.

Subject: Balance of payments, Current account deficits, Current account surpluses, Fiscal consolidation, Fiscal policy, Public debt, Revenue administration

Keywords: BOOK, Countries domestic, Current account, Current account deficits, Current account surplus, Current account surpluses, Deficit, Europe, Fiscal consolidation, Global, Interest rate, Private sector, Product market, Saving, Saving-investment balance, Surplus, Surplus country, Sustainability report, Upside scenario

Publication Details

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178
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