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
978-1-936192-13-7
Language
Englisch

Bibliographic citation
Series: Public Policy Brief ; No. 116

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Kregel, Jan
Event
Veröffentlichung
(who)
Levy Economics Institute of Bard College
(where)
Annandale-on-Hudson, NY
(when)
2010

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
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

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