DownloadRebalancing the global economy: a primer for policymaking

This e-book released by the Centre for Economic Policy Research (CEPR) right before the Toronto G-20 summit features a piece about China-US imbalances and Europe's fiscal crisis by US Studies Centre chief executive Professor Geoffrey Garrett. In it (chapter 22), Professor Garrett says that as the global crisis subsides, focus is shifting to the global imbalances. He argues that China-US economic imbalances, and the challenge of managing them down politically as well as economically, are likely to become even more critical.