Source: Reconstructing the World Economy
Series: Seminar Volumes
Author(s): Il SaKong , and Olivier Blanchard
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 July 2010
Keywords: inflation, current account, financial system, central bank, monetary policy
Before the crisis, there were strong arguments for reducing global imbalances. As a result of the crisis, there have been significant changes in saving and investment patterns across the world and imbalances...