Global Imbalances : The Role of Emerging Asia

The Role of Emerging Asia

Global Imbalances : The Role of Emerging Asia
This paper investigates the role played by emerging Asia in the emergence and evolution of the global trade imbalances. Based on simulations in a general equilibrium model of the world economy, we find that a productivity slowdown in the non-tradable sector of these economies in the second half of the 1990s fits regional macroeconomic... READ MORE...

Publication date: March 2009
ISBN 9781451872118
$18.00

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