<abstract xml:lang="en" xmlns="http://www.w3.org/1999/xhtml"><p>This paper aims at delivering some analysis on the complex issue of global imbalances in the pattern of exports and imports of goods and services and simultaneous flow of capital in the world economy during the last decade. It discusses why these flows were principally streaming from developing to developed countries and what are their main driving forces. It also embarks on the problem of sustainability of global imbalances and the dollar playing an important role in reshaping them.</p></abstract>

This paper aims at delivering some analysis on the complex issue of global imbalances in the pattern of exports and imports of goods and services and simultaneous flow of capital in the world economy during the last decade. It discusses why these flows were principally streaming from developing to developed countries and what are their main driving forces. It also embarks on the problem of sustainability of global imbalances and the dollar playing an important role in reshaping them.

Global Imbalances - Their Sustainability and the Role of the Dollar

Collegium of World Economy, Warsaw School of Economics, Madalińskiego 6/8 162, 02-554 Warszawa

Folia Oeconomica Stetinensia

{"article-title":"Global Imbalances - Their Sustainability and the Role of the Dollar"}

This paper aims at delivering some analysis on the complex issue of global imbalances in the pattern of exports and imports of goods and services and...

Global Imbalances - Their Sustainability and the Role of the Dollar

Published Online: Nov 09, 2011

Page range: 99 - 109

DOI: https://doi.org/10.2478/v10031-011-0001-6

Keywords
global imbalances, current account deficits and surpluses, national saving and investment, saving glut, Bretton Woods II, asset shortage, dollar, international reserves

This content is open access.

Global Imbalances - Their Sustainability and the Role of the Dollar

Published Online: Nov 09, 2011

Page range: 99 - 109

DOI: https://doi.org/10.2478/v10031-011-0001-6

Keywordsglobal imbalances, current account deficits and surpluses, national saving and investment, saving glut, Bretton Woods II, asset shortage, dollar, international reserves

This content is open access.

Keywords
global imbalances, current account deficits and surpluses, national saving and investment, saving glut, Bretton Woods II, asset shortage, dollar, international reserves