소개글
글로벌 불균형(Global Imbalances)에 대한 자료입니다.
목차
1.Introduction
2.Global Imbalance and Financial Crisis
3.Imbalance of Chinese Economy
4.IMF’ multilateral consultations
5.G20 Agenda for Global Imbalance
6.The impact of global imbalances on South Korea and its countermeasure
7.China’s actions in correcting Imbalances
8.Conclusion
본문내용
Global Imbalances :
The global imbalances refers to the large current account deficits of developed economies such as the United States and the large surpluses of developing economies such as China and oil rich economies of the Middle East and Russia.
Causes of the Global Imbalances :
- Events in the United States : Saving-Investment Imbalances
- Events Outside the US :
Inadequate Investments and Excessive Savings in Asia
Several signs of financial crisis :
- Real estate values rose
High current deficits was risen simultaneously
in many countries
- Extraordinary levels of leverage used
The financial crisis were influenced by global imbalance :
Asians accumulated foreign reserves for better future (Saving Glut)
- Saving Glut influenced interests rate of developed countries to be low
Many methods of investment were encouraged in developed countries
Economic recession finally occurred :
- The developed countries were not able to pay back the debts
- Global Imbalance arose
Outlines :
How China influenced the global imbalance?
What makes China depends on export expansion?
Why China cannot consume more?
Why there is no quick fix for the imbalance?
How the world can helps China?