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Rebalancing the World Economy: Germany
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 392 no. 8643 (Aug. 2009)
,
page 61.
Topik:
Germany
;
Rebalancing
;
Global Recession
;
Trade Imbalances
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.56
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
There was a time not so long ago when European policymakers believed trade imbalances were only a problem for America and China. For much of 2008, a stock phrase in the press statement agreed each month by the European Central Bank's rate setters was "the euro area does not suffer from major imbalances." As the year wore on, the claim was repeated but seemed more and more desperate, as if it were a spell to ward off recession. It was only when the collapse of Lehman Brothers in September sparked a global slump that the formulation was quietly dropped.
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