Evidence on Financial Globalization and Crises: Global Imbalances
| dc.contributor.author | Chinn, Menzie D. | |
| dc.date.accessioned | 2011-03-02T20:17:58Z | |
| dc.date.available | 2011-03-02T20:17:58Z | |
| dc.date.issued | 2011-01 | |
| dc.description.abstract | The author defines global imbalances and discusses explanations for the development of large current account deficits and surpluses in key economies after 1997. He includes the saving-investment approach, the intertemporal approach, mercantilism and the Bretton Woods II hypothesis, and the global saving glut view. A discussion of the literature linking the financial crisis of 2008-09 to the development of global imbalances concludes. | en |
| dc.identifier.other | 2011-002 | |
| dc.identifier.uri | http://digital.library.wisc.edu/1793/48606 | |
| dc.language.iso | en_US | |
| dc.relation.ispartofseries | La Follette School Working Papers | |
| dc.title | Evidence on Financial Globalization and Crises: Global Imbalances | en |
| dc.type | Working Paper | en |