GLOBAL IMBALANCES AFTER 2008–2009 FINANCIAL CRISIS Cover Image

GLOBALNA NIERÓWNOWAGA PO ŚWIATOWYM KRYZYSIE FINANSOWYM W LATACH 2008–2009
GLOBAL IMBALANCES AFTER 2008–2009 FINANCIAL CRISIS

Author(s): Ewa Bilewicz
Subject(s): Economy, Supranational / Global Economy
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: global imbalances; Germany’s current account surplus; adjustment of global imbalances;

Summary/Abstract: The article presents main changes in the phenomenon of global imbalances after 2008–2009 financial crisis. Research conclusions show that after a crisis global imbalances declined. Some of adjustment reflects structural changes in the economies of main participants of global imbalances. But a risk exists, that in the future global imbalances will widen again because structural changes are not finished yet. Morover, Germany’s current account surplus represents an increasingly large share of the global imbalances.

  • Issue Year: 2015
  • Issue No: 40/1
  • Page Range: 127-137
  • Page Count: 11
  • Language: Polish