THE INTERNATIONAL ADJUSTMENT MECHANISM UNDER RESTRAINT

International imbalances, featuring as large current account deficits and surpluses in different countries are closely related but the adjustment mechanism that should restore equilibrium appears to be under restraint. These imbalances cannot be sustained without severe negative effects on the world...

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Veröffentlicht in:	The South African Journal of economics 2006-09, Vol.74 (3), p.463-472
1. Verfasser:	Strydom, Pdf
Format:	Artikel
Sprache:	eng
Schlagworte:	Balance of payments Capital flow capital flows deficits Exchange rates F21 F32 F410 Foreign exchange rates Global economy International capital market International finance International monetary relations Securities markets Structural adjustment Studies surpluses
Online-Zugang:	Volltext
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