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Global Imbalances and us Policy Responses

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East-West Economic Relations in the 1990s

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Abstract

The world economy has been suffering a number of large global imbalances during the 1980s, which if left unresolved could seriously threaten world welfare in the remainder of this century. The correction of these global imbalances requires an understanding of how they have arisen and will greatly influence the operation of the international economic system to the turn of the century.

Chairman and Professor, Department of Economics, Fofdnam Univwsity, New York.

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© 1989 Wiener Institut für Internationale Wirtschaftsvergleiche (WIIW) (The Vienna Institute for Comparative Economic Studies)

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Salvatore, D. (1989). Global Imbalances and us Policy Responses. In: Bertsch, G., Saunders, C.T. (eds) East-West Economic Relations in the 1990s. Vienna Institute for Comparative Economic Studies. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-11465-8_3

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