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Global Imbalances in the World Economy

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  • A. Apokin

Abstract

The paper reviews an evolution of key political and economic hypotheses in the literature from 1993 to 2007 related to emergence, stability and correction mechanisms of the so-called "global imbalances" which are connected to the US trade deficit. The special "counterweighting" role of sovereign wealth funds in possible mechanisms of global imbalances’ correction in medium- and long-term perspective is considered.

Suggested Citation

  • A. Apokin, 2008. "Global Imbalances in the World Economy," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 5.
    • Handle: RePEc:nos:voprec:y:2008:id:1297
    DOI: 10.32609/0042-8736-2008-5-51-61
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