Macroeconomic perspective on global imbalances.

• Main Authors: Lee, Pei Hua., Su, Zhixiang., Teoh, Shi Ying.
• Other Authors: Tan Kim Heng
• Format: Final Year Project
• Language: English
• Published: 2010
• Subjects: DRNTU::Social sciences::Economic theory::Macroeconomics
• Online Access: http://hdl.handle.net/10356/38619
• Institution: Nanyang Technological University

The recent global financial crisis has been described as the abrupt unwinding of the macroeconomic imbalances that have emerged over the last decade. The global imbalances, with rising current account deficits in the United States and massive surpluses in Asia and oil-exporting countries, have been...