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Ajustement international et rééquilibrage de la demande mondiale : où en sommes-nous ?

Author

Listed:
  • Kalantzis, Y.
  • Zignago, S.
  • To wbin, P.

Abstract

Pendant la crise financière, l’économie mondiale a connu un effondrement des flux de capitaux transfrontaliers et un ajustement rapide des déséquilibres mondiaux. Un des aspects marquants de cet ajustement est qu’il n’a pas été symétrique : la demande intérieure s’est ajustée à la baisse dans les pays en déficit courant, mais les pays en excédent n’ont pas pris le relais.

Suggested Citation

  • Kalantzis, Y. & Zignago, S. & To wbin, P., 2014. "Ajustement international et rééquilibrage de la demande mondiale : où en sommes-nous ?," Bulletin de la Banque de France, Banque de France, issue 195, pages 21-34.
  • Handle: RePEc:bfr:bullbf:2014:195:03
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    References listed on IDEAS

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    More about this item

    Keywords

    déséquilibres mondiaux; flux de capitaux; ajustement asymétrique.;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

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