Experts point to significant economic disparities among the advanced and emerging markets, but G-20 leaders consider inequities in a nation’s current account – which gauges domestic savings versus investment – as the greatest potential threat to the world economic framework. Researcher Adam Triggs assesses the efficacy of the G-20’s proposals to mitigate the current account gaps spread across the globe. getAbstract suggests this comprehensive and technical report to economists and public policy analysts.
In this summary, you will learn
- What current account imbalances in the G-20 nations mean for the global economy,
- Why the current account gaps between countries are increasing, and
- How officials can mitigate these imbalances.
About the Author
Adam Triggs is a visiting researcher at the Brookings Institution.