14 October 2016 - Global imbalances and German responsibility

As Premier Matteo Renzi noted at the latest EU summit in Bratislava, Germany is responsible for a major imbalance in the global economy. Indeed, the German current account surplus has increased since 2008, while other countries that experienced major imbalances have seen declines in their trade balances . Among them is China, which has reduced its trade surplus, thus decreasing the vulnerability of the international financial system to sudden shocks. A note by Andrea Goldstein in www.lavoce.info explains what happened and warns against the possible amplification of the German imbalance.

Quick Contact

051 6483111

Strada Maggiore, 44
40125 Bologna - Italy

contact form


Company with
Certified Quality Control System

Certificate n.194221

Utilizziamo i cookie per essere sicuri che tu possa avere la migliore esperienza sul nostro sito. Continuando la navigazione, acconsenti all'utilizzo. cookies