|
|
|
|
| LEADER |
02325nmm a2200505 u 4500 |
| 001 |
EB000936285 |
| 003 |
EBX01000000000000000729881 |
| 005 |
00000000000000.0 |
| 007 |
cr||||||||||||||||||||| |
| 008 |
150128 ||| eng |
| 020 |
|
|
|a 9781498339216
|
| 100 |
1 |
|
|a Lane, Philip
|
| 245 |
0 |
0 |
|a Global Imbalances and External Adjustment after the Crisis
|c Philip Lane, Gian Milesi-Ferretti
|
| 260 |
|
|
|a Washington, D.C.
|b International Monetary Fund
|c 2014
|
| 300 |
|
|
|a 45 pages
|
| 651 |
|
4 |
|a United States
|
| 653 |
|
|
|a Economic & financial crises & disasters
|
| 653 |
|
|
|a Investments, Foreign
|
| 653 |
|
|
|a Short-term Capital Movements
|
| 653 |
|
|
|a Current account
|
| 653 |
|
|
|a Financial crises
|
| 653 |
|
|
|a Current account imbalances
|
| 653 |
|
|
|a Current Account Adjustment
|
| 653 |
|
|
|a Balance of payments
|
| 653 |
|
|
|a Long-term Capital Movements
|
| 653 |
|
|
|a External position
|
| 653 |
|
|
|a Currency
|
| 653 |
|
|
|a Exports and Imports
|
| 653 |
|
|
|a International economics
|
| 653 |
|
|
|a Foreign assets
|
| 653 |
|
|
|a Foreign Exchange
|
| 653 |
|
|
|a Current account balance
|
| 653 |
|
|
|a Real exchange rates
|
| 653 |
|
|
|a Financial Risk Management
|
| 653 |
|
|
|a Foreign exchange
|
| 653 |
|
|
|a International Investment
|
| 653 |
|
|
|a Financial Crises
|
| 700 |
1 |
|
|a Milesi-Ferretti, Gian
|
| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
| 989 |
|
|
|b IMF
|a International Monetary Fund
|
| 490 |
0 |
|
|a IMF Working Papers
|
| 028 |
5 |
0 |
|a 10.5089/9781498339216.001
|
| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2014/151/001.2014.issue-151-en.xml?cid=41842-com-dsp-marc
|x Verlag
|3 Volltext
|
| 082 |
0 |
|
|a 330
|
| 520 |
|
|
|a This paper has two objectives. First, it reviews the recent dynamics of global imbalances (both “flow” and “stock” imbalances), with a special focus on the shifting position of Latin America in the global distribution. Second, it examines the cross-country variation in external adjustment over 2008-2012. In particular, it shows how pre-crisis external imbalances have strong predictive power for post-crisis macroeconomic outcomes, allowing for variation across different exchange rate regimes. We emphasize that the bulk of external adjustment has taken the form of “expenditure reduction”, with “expenditure switching” only playing a limited role
|