Global Imbalances and Financial Stability /
This paper discusses two opposing views on global imbalances: The "traditional view", which regards the imbalances as a threat to global economic and financial stability, and the "new paradigm" view, which considers that they are the natural consequence of economic and financial...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2007.
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Series: | IMF Working Papers; Working Paper ;
No. 2007/111 |
Online Access: | Full text available on IMF |