Rebalancing, Growth, and Development in a Multipolar Global Economy

Reduction of large and persistent external imbalances is currently a key focus of G-20 discussions. The paper argues that in a progressively multipolar world economy, the goals of global rebalancing, growth, and development are increasingly inter-linked. Growth-oriented rebalancing calls for emphasizing structural reforms and leveraging the role of developing countries in supporting strong and balanced global growth.

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Bibliographic Details
Main Author: Qureshi, Zia
Format: Brief biblioteca
Language:English
Published: World Bank, Washington, DC 2011-05
Subjects:ACCESS TO FINANCIAL SERVICES, ADVANCED ECONOMIES, ANNUAL GROWTH, AVERAGE GROWTH, BAILOUT, BANK BOND, BANK FINANCING, BANKING SYSTEM, BOND, BOND PORTFOLIO, BORROWING, CAPITAL FLOW, CAPITAL INFLOWS, CAPITAL MARKETS, CARBON FINANCE, CENTRAL BANK, COLLECTIVE ACTION, COMMODITY, CONSOLIDATION, CURRENT ACCOUNT, CURRENT ACCOUNT BALANCES, DEBT FLOWS, DEBT LEVELS, DEMOGRAPHIC, DEVELOPED COUNTRIES, DEVELOPING COUNTRIES, DEVELOPING COUNTRY, DEVELOPING REGIONS, DEVELOPING WORLD, DEVELOPMENT FINANCE, DYNAMIC EMERGING MARKETS, ECONOMIC POLICY, ECONOMIC STABILITY, EMERGING MARKET, EMERGING MARKETS, EXCHANGE RATE, EXPENDITURE, EXPORTERS, EXTERNAL IMBALANCES, FINANCIAL CRISIS, FINANCIAL DEVELOPMENT, FINANCIAL FLOWS, FINANCIAL MARKET, FINANCIAL SAFETY, FINANCIAL SAFETY NETS, FINANCIAL SECTOR, FINANCIAL SECTOR DEVELOPMENT, FINANCIAL SECTOR REFORM, FINANCIAL SECTOR REFORMS, FINANCIAL SECTOR REGULATION, FINANCIAL SERVICES, FINANCIAL SYSTEM STABILITY, FOREIGN PORTFOLIO, FOREIGN PORTFOLIO INVESTMENT, FUND INVESTMENTS, GLOBAL ECONOMIC PROSPECTS, GLOBAL ECONOMY, GLOBAL FINANCIAL SYSTEM, GLOBAL INVESTMENT, GLOBAL LEVEL, GLOBALIZATION, GROWTH PERFORMANCE, GROWTH PROSPECTS, GROWTH RATES, HUMAN CAPITAL, INCOME, INFRASTRUCTURE INVESTMENT, INSTITUTIONAL CAPACITIES, INSTRUMENT, INSURANCE, INTEREST RATES, INVESTING, INVESTMENT FLOWS, INVESTMENT OPPORTUNITIES, LIMITED ACCESS, LONG-TERM GROWTH, LOW INTEREST RATES, LOW-INCOME COUNTRIES, MACROECONOMIC MANAGEMENT, MARKET ACCESS, MARKET DISTORTIONS, MARKET FAILURES, MEDIUM TERM, MONETARY FUND, NEW MARKETS, OIL EXPORTERS, POLICY RESPONSES, PORTFOLIO, PORTFOLIO FLOWS, PORTFOLIO INFLOWS, POVERTY REDUCTION, PRIVATE CAPITAL, PRIVATE CAPITAL FLOWS, PRIVATE INVESTMENT, PROMOTING GROWTH, PUBLIC-PRIVATE PARTNERSHIPS, RECESSION, REFORM POLICIES, RETURN, SAVINGS, SECTOR REFORMS, SHARP FALL, SHORT-TERM DEBT, SOVEREIGN DEBT, STRUCTURAL CHARACTERISTICS, STRUCTURAL POLICIES, SUPPORT FOR INVESTMENT, SUSTAINABLE GROWTH, TAX, TRADE FACILITATION, TRADE FINANCE, TRADITIONAL FINANCING, VOLATILITY, WORLD ECONOMY, WORLD TRADE,
Online Access:http://documents.worldbank.org/curated/en/2011/05/14215891/rebalancing-growth-development-multipolar-global-economy
http://hdl.handle.net/10986/10094
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