Rebalancing, Growth, and Development in a Multipolar Global Economy
Reduction of large and persistent external imbalances is currently a key focus of G-20 discussions. The paper argues that in a progressively multipolar world economy, the goals of global rebalancing, growth, and development are increasingly inter-l...
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| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2011/05/14215891/rebalancing-growth-development-multipolar-global-economy http://hdl.handle.net/10986/10094 |
| Summary: | Reduction of large and persistent
external imbalances is currently a key focus of G-20
discussions. The paper argues that in a progressively
multipolar world economy, the goals of global rebalancing,
growth, and development are increasingly inter-linked.
Growth-oriented rebalancing calls for emphasizing structural
reforms and leveraging the role of developing countries in
supporting strong and balanced global growth. |
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