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Global Imbalances

Author

Listed:
  • Sinproh Chalotorn

    (Faculty of International Relations, University of Economics in Bratislava, Dolnozemská 1 Bratislava, Slovak Republic.)

  • Sipko Juraj

    (Faculty of Economics and Business, Pan-European University, Tematínska 10, 851 05 Bratislava, Slovak Republic, +4210206820 3615, Institute of Economic Research, Slovak Academy of Science, Šancová 5, 811 05 Bratislava, Slovak Republic, +421 2 5249 5480)

Abstract

Purpose of the article The aim of the paper is to analyze the global economic imbalances and factors that contributed to their deterioration in developed and emerging countries, primarily in the United States and China. The article assesses the main inevitable factors of the global economic imbalances that have driven the recent evolution of current account balances. In addition, the paper describes the theoretical framework of global imbalances and the relevant fundamental theories for better understanding in theoretical aspect of international economics and finance. Furthermore, provides overview of the fundamental causes and drivers of global imbalances, namely current account.

Suggested Citation

  • Sinproh Chalotorn & Sipko Juraj, 2014. "Global Imbalances," Creative and Knowledge Society, Sciendo, vol. 4(1), pages 1-15, July.
    • Handle: RePEc:vrs:crknos:v:4:y:2014:i:1:p:15:n:6
    DOI: 10.2478/cks-2014-0006
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    References listed on IDEAS

    as
    1. Yiping Huang & Kunyu Tao, 2010. "Factor Market Distortion and the Current Account Surplus in China," Asian Economic Papers, MIT Press, vol. 9(3), pages 1-36, Fall.
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