Policies to Rebalance the Global Economy After the Financial Crisis

被引：0

作者：

Freedman, Charles ^{[1
]}

Kumhof, Michael ^{[2
]}

Laxton, Douglas ^{[2
]}

Muir, Dirk ^{[2
]}

机构：

[1] Carleton Univ, Dept Econ, Ottawa, ON K1S 5B6, Canada

[2] Int Monetary Fund, Modeling Div, Res Dept, Washington, DC 20431 USA

来源：

INTERNATIONAL JOURNAL OF CENTRAL BANKING | 2010年 / 6卷 / 01期

关键词：

D O I：

暂无

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This paper considers some of the main risks and opportunities currently facing the world economy. Against a baseline forecast of October 2009, it first discusses a number of policy mistakes or policy failures that could lead to even worse outcomes than currently envisaged. It then describes the policy choices that would help to support global demand on a more sustainable basis while rebalancing its regional elements and therefore current accounts. Using the United States as an example, the paper also provides estimates of the long-term damage from protracted excessive fiscal deficits, and of the benefits from significant fiscal consolidation.

引用

页码：215 / 252

页数：38