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World Growth, Trade, Real and Financial Imbalances, the International Monetary System and Exchange Rates: A Global Vision

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The World Economy Towards Global Disequilibrium

Abstract

In Chapter 3 we produced a very rough projection of the world economy according to the average rate that the various continents recorded over the last five years. Just to be thought provoking, we showed how the composition of the G8 could change and what a huge share of world GDP would be concentrated in the first three economies (China, the US and India) starting by 2015 and until 2030. Obviously, that was a game.

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© 2007 Mario Baldassarri & Pasquale Capretta

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Baldassarri, M., Capretta, P. (2007). World Growth, Trade, Real and Financial Imbalances, the International Monetary System and Exchange Rates: A Global Vision. In: The World Economy Towards Global Disequilibrium. Palgrave Macmillan, London. https://doi.org/10.1057/9780230590847_6

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