Historical perspective on global imbalances 1 edition
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Subjects
Historical perspective on global imbalances
Michael D. Bordo.
Published
2005
by
National Bureau of Economic Research
in
Cambridge, MA
.
Written in English.
About the Book
"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"--National Bureau of Economic Research web site.
Edition Notes
Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 6/30/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
Series |
NBER working paper series ;, working paper 11383, Working paper series (National Bureau of Economic Research : Online) ;, working paper no. 11383. |
Classifications
Library of Congress |
HB1 |
The Physical Object
Format |
Electronic resource |
ID Numbers
Open Library |
OL3478268M |
LC Control Number |
2005618270 |
History Created December 9, 2009 · 2 revisions
| February 1, 2010 | Edited by WorkBot | add more information to works |
| December 9, 2009 | Created by WorkBot | add works page |