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Global Imbalances and the US Debt Problem: Should Developing Countries Support the US Dollar? economic cooperation, monetary policy

Author Jan Joost Teunissen, Age Akkerman eds. Series 06-03 Language English Date 2006.12.26

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The contributing authors to this book have provided highly interesting analyses and policy recommendations. Their analyses are geared toward both the functioning of the world economic system as well as at the question of what individual countries and regions can do to resolve the US deficit and global imbalances problems. Several authors have reminded us of the need of more in-depth analysis of the causes of global imbalances.
Acknowledgements
Notes on the Contributors
Abbreviations

1. Should Developing Countries Support the US Dollar?
By Way of Introduction

2. Global Imbalances and Emerging Markets
Barry Eichengreen and Yung Chul Park

3 Global Imbalances and Latin America: A Comment on Eichengreen and Park
Barbara Stallings

4 The Dilemmas and Dangers of the Build-Up of US Debt: Proposals for Policy
Responses
Jane D'Arista and Stephany Griffith-Jones

5 Currency Asymmetry, Global Imbalances, and Rethinking of the International
Currency System
Fan Gang

6 China's Macroeconomic Imbalances: The Liquidity Tango Mechanism
Wing Thye Woo

7 How Effective Is Monetary Policy in China? A Comment on Woo's "Inflationary
Tango"
Zdenk Drábek

8 Asian Monetary Coordination and Global Imbalances
Yonghyup Oh

9 Understanding Imbalances in a Globalised International Economic System
Jan A. Kregel

10 Policy Recommendations for the US, Europe and Asia: By way of Epilogue
Jan Joost Teunissen



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