Global Imbalances and us Policy Responses

  • Dominick Salvatore
Part of the Vienna Institute for Comparative Economic Studies book series (VICES)


The world economy has been suffering a number of large global imbalances during the 1980s, which if left unresolved could seriously threaten world welfare in the remainder of this century. The correction of these global imbalances requires an understanding of how they have arisen and will greatly influence the operation of the international economic system to the turn of the century.


Exchange Rate Budget Deficit Trade Balance Exchange Rate Volatility High Unemployment Rate 
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Copyright information

© Wiener Institut für Internationale Wirtschaftsvergleiche (WIIW) (The Vienna Institute for Comparative Economic Studies) 1989

Authors and Affiliations

  • Dominick Salvatore
    • 1
  1. 1.Department of EconomicsFordham UniversityUSA

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