The world financial crisis and global imbalances
Economic Annals-XXI: Volume 113, Issue 3-4, Pages: 20-24
Citation information:
Lynnyk, O. O. (2011). The world financial crisis and global imbalances. Economic Annals-XXI, 3-4, 20-24. https://ea21journal.world/index.php/ea-v113-06/
O. O. Lynnyk
The world financial crisis and global imbalances
Abstract. In the article the effectiveness of several mechanisms of global imbalances during the 2008-2009 world financial crisis are analyzed, with most popular theories of the asymmetry of global imbalances being outlined. Explanations behind the lack of an expected U.S. end China trade balance adjustment are analyzed. Policy implications for economic policy in both countries are considered.
Keywords: Global Imbalances; Financial Crisis; Economic Policy
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