Global imbalances after 2008

Август 10, 2022

Главная
Экономика
Global imbalances after 2008

Содержание

2. STRUCTURE Gross domestic product Employment and unemployment Current account imbalances Misaligned exchange rates Interest rates, volatile
3. GROSS DOMESTIC PRODUCT The fast shifting balance in the world economy is reflected in the decline
4. EMPLOYMENT AND UNEMPLOYMENT The lasting labour market impact in major developed countries poses fresh challenges and
5. CURRENT ACCOUNT IMBALANCES Current account imbalances may arise for a number of reasons and are not
6. MISALIGNED EXCHANGE RATES Since the end of the multilateral Bretton Woods exchange rate system, non-orderly floating
7. INTEREST RATES, VOLATILE CAPITAL FLOWS AND EXCHANGE RATE INSTABILITY In the absence of proper global governance,
8. FINANCIAL LIBERALIZATION AND THE FINANCIALIZATION OF COMMODITY MARKETS Greater market transparency and tighter regulatory measures are
9. GLOBAL REBALANCING AND RECOVERY CONTRIBUTIONS Developing countries at large have contributed disproportionately to global rebalancing and
11. Скачать презентацию

Слайд 2

STRUCTURE
Gross domestic product
Employment and unemployment
Current account imbalances
Misaligned exchange rates
Interest rates, volatile

capital flows and exchange rate instability
Financial liberalization and the financialization of commodity markets
Global rebalancing and recovery contributions

Слайд 3

GROSS DOMESTIC PRODUCT
The fast shifting balance in the world economy is

reflected in the decline in the share of developed countries in global gross domestic product (GDP).

Слайд 4

EMPLOYMENT AND UNEMPLOYMENT
The lasting labour market impact in major developed countries

poses fresh challenges and risks to the continuation of positive runs in job creation and poverty reduction in the developing world.

Слайд 5

CURRENT ACCOUNT IMBALANCES
Current account imbalances may arise for a number of

reasons and are not indicative per se of a systemic problem that needs coordinated intervention. Rather, it is the loss of competitiveness at the national level that causes an unsustainable current account deficit.

Слайд 6

MISALIGNED EXCHANGE RATES
Since the end of the multilateral Bretton Woods exchange

rate system, non-orderly floating of currencies has prevailed, featuring large exchange rate swings and persistent misalignments.

Слайд 7

INTEREST RATES, VOLATILE CAPITAL FLOWS AND EXCHANGE RATE INSTABILITY
In the absence

of proper global governance, global finance has become dominated by herd-like short-term risk-reward calculations that may ignore the gradual build-up of economic imbalances and related financial fragilities for a long time.

Слайд 8

FINANCIAL LIBERALIZATION AND THE FINANCIALIZATION OF COMMODITY MARKETS
Greater market transparency and

tighter regulatory measures are called for to contain the price impact of financial investors and the associated risk of price bubbles.

Слайд 9

GLOBAL REBALANCING AND RECOVERY CONTRIBUTIONS
Developing countries at large have contributed disproportionately

to global rebalancing and recovery, while an increasing number of them have reached the point where rising current account deficits signal future risks of fragility and crisis.

Global imbalances after 2008

Содержание

STRUCTUREGross domestic productEmployment and unemploymentCurrent account imbalancesMisaligned exchange ratesInterest rates, volatile

GROSS DOMESTIC PRODUCT The fast shifting balance in the world economy is

EMPLOYMENT AND UNEMPLOYMENTThe lasting labour market impact in major developed countries

CURRENT ACCOUNT IMBALANCES Current account imbalances may arise for a number of

MISALIGNED EXCHANGE RATES Since the end of the multilateral Bretton Woods exchange

INTEREST RATES, VOLATILE CAPITAL FLOWS AND EXCHANGE RATE INSTABILITY In the absence

FINANCIAL LIBERALIZATION AND THE FINANCIALIZATION OF COMMODITY MARKETS Greater market transparency and

GLOBAL REBALANCING AND RECOVERY CONTRIBUTIONS Developing countries at large have contributed disproportionately

Похожие презентации