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A Forensic Analysis of Global Imbalances

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NBER2011-10-01 更新2025-01-04 收录
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We examine whether the behavior of current account balances changed in the years preceding the global crisis of 2008-09, and assess the prospects for global imbalances in the post-crisis period. Changes in the budget balance are an important factor affecting current account balances for deficit

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2011-10-01
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