Rethinking Global Imbalances: drivers, risks, and policy priorities
Ambrogio Cesa-Bianchi, Dan Christen, Peter Denton, Aydan Dogan, Will Dison, Ida Hjortsoe, Mark Joy, Jeremy Martin, Daniel Ostry, Roger Vicquery and Simon Whitaker Persistent excess current account imbalances pose serious risks to the global economy. Anaemic global growth could stall, or worse, if trade tensions, in response to these imbalances, persist. This paper takes a […]