Staff Report on the Multilateral Consultation on Global Imbalances with China, the Euro Area, Japan, Saudi Arabia, and the United States
Staff Report on the Multilateral Consultation on Global Imbalances with China, the Euro Area, Japan, Saudi Arabia, and the United States
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Volume/Issue:
Volume 2007
Issue 026
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Exports and Imports , Economics- Macroeconomics , PP , IMFC strategy , financial market , current account , IMFC policy strategy , Policy plan , exchange regime reform , private sector , consumer demand , policy action , international community , market regulation , Exchange rate flexibility , Fiscal consolidation , Current account deficits , Structural reforms , Global
Summary
Multilateral Consultations are a new tool of multilateral surveillance for the IMF, designed to foster action-oriented debate and policy actions on a problem of systemic or regional importance. The first multilateral consultation focused on facilitating the resolution of global imbalances while sustaining robust global growth. China, the euro area, Japan, Saudi Arabia, and the United States agreed to participate.
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