This essay analyses the causes of, and remedies for, external imbalances, and what countries should do if they do not decline.
Global imbalances are back: since 2018, the sums of current account surpluses and deficits have each increased by about 30 percent, reaching their highest levels since 2012. History shows that imbalances trigger trade tensions and often end in
financial crises. Drawing on the 2026 CEPR-Bruegel Paris Report, this essay analyses the causes of, and remedies for, external imbalances, and what countries should do if they do not decline.
Source : Bruegel
Samsung will spend 50% of its free cash flow on the new programme Samsung Electronics…
How large is the labour cost saved by AI, and how is it distributed across…
Alphabet has raised A$5.5 billion ($3.89 billion) via its inaugural Australian dollar debt issuance, according to…
Oil prices climbed on Thursday on concerns the impasse in the U.S.-Israeli war against Iran…
Total U.S. debt has topped $40 trillion for the first time, the Treasury Department said…
Commodity booms are easy to celebrate but hard to manage. For resource-rich economies, commodity windfalls—if…