1 “...World Economic Outlook, April 2005: Globalization and External Imbalances...”

2 “... and large macroeconomic imbalances despite notable progress toward macroeconomic stability and growth...”

3 “... imbalances, which together with a large appreciation of the parallel market rate, has helped lower...”

4 “... in terms of raising output, and the extent to which global imbalances have narrowed significantly since...”

5 “... consumers, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private...”

6 “... and fiscal imbalances in the economy and promote sustainable and inclusive growth. The authorities responded...”

7 “... financial crisis, correcting imbalances, and the IMF in Asia. And “People in Economics” profiles an Asian...”