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- W2124958832 abstract "This paper examines three different explanations of the global financial imbalances. It begins with the neoliberal globalization hypothesis that explains the imbalances as the product of the model of globalization implemented over the past thirty years. It then examines the saving glut and reserve accumulation hypotheses. The paper concludes by arguing that both the saving glut and reserve accumulation hypotheses are inconsistent with the empirical record and both provide a misleading guide for policy." @default.
- W2124958832 created "2016-06-24" @default.
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- W2124958832 date "2011-01-01" @default.
- W2124958832 modified "2023-09-27" @default.
- W2124958832 title "Explaining Global Financial Imbalances: A Critique of the Saving Glut and Reserve Currency Hypotheses" @default.
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