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Historical Perspective on Global Imbalances

Michael D. Bordo
4.9/5 (16626 ratings)
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Description:This paper takes an historical perspectives approach to the current episode of global imbalances. I consider four historical episodes which may give some indications as to whether the adjustment to U.S. current account deficit will lead to a 'benign' or 'gloomy' outlook. The episodes are: the transfer of capital in the earlier era of globalization the late nineteenth century; the interwar gold exchange standard; Bretton Woods; and the 1977-79 dollar crisis. I conclude that adjustment in earlier era of globalization has more resonance for the current imbalance than the other scenarios.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Historical Perspective on Global Imbalances. To get started finding Historical Perspective on Global Imbalances, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
44
Format
PDF, EPUB & Kindle Edition
Publisher
—
Release
2005
ISBN
sWIdAQAAMAAJ

Historical Perspective on Global Imbalances

Michael D. Bordo
4.4/5 (1290744 ratings)
Read Now Download now ⏭ listen AudioBook
Description: This paper takes an historical perspectives approach to the current episode of global imbalances. I consider four historical episodes which may give some indications as to whether the adjustment to U.S. current account deficit will lead to a 'benign' or 'gloomy' outlook. The episodes are: the transfer of capital in the earlier era of globalization the late nineteenth century; the interwar gold exchange standard; Bretton Woods; and the 1977-79 dollar crisis. I conclude that adjustment in earlier era of globalization has more resonance for the current imbalance than the other scenarios.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Historical Perspective on Global Imbalances. To get started finding Historical Perspective on Global Imbalances, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
44
Format
PDF, EPUB & Kindle Edition
Publisher
—
Release
2005
ISBN
sWIdAQAAMAAJ

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