1945

The external and fiscal imbalances of developed countries: Causes and effects

image of The external and fiscal imbalances of developed countries: Causes and effects

The huge external payments imbalances of the leading developed market economies have become a dominant world economic concern. The conditions that gave rise to these imbalances have deeply affected the well-being of developing countries—to a greater extent than the developed countries— and the way in which these imbalances are resolved over the next few’years will exercise a large influence on the economic growth of developing and developed countries alike.

Related Subject(s): Economic and Social Development
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