Bericht
An alternative perspective on global imbalances and international reserve currencies
The stability of the international reserve currency's purchasing power is less a question of what serves as that currency and more a question of the international adjustment mechanism, as well as the compatibility of export-led development strategies with international payment balances. According to Senior Scholar Jan Kregel, export-led growth and free capital flows are the real causes of sustained international imbalances. The only way out of this predicament is to shift to domestic demand-led development strategies - and capital flows will have to be part of the solution.
- ISBN
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978-1-936192-13-7
- Language
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Englisch
- Bibliographic citation
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Series: Public Policy Brief ; No. 116
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Kregel, Jan
- Event
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Veröffentlichung
- (who)
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Levy Economics Institute of Bard College
- (where)
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Annandale-on-Hudson, NY
- (when)
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2010
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Bericht
Associated
- Kregel, Jan
- Levy Economics Institute of Bard College
Time of origin
- 2010