This working paper is an expanded version of chapter 14 of the new joint @cepr.org and Bruegel Paris Report, The New Global Imbalances (Rey et al, 2026).
⬇️ Download the full Paris Report here: buff.ly/Mys5I87
Global imbalances are back in focus. Central banks, international organizations, the G7 and the G20 are debating their causes and remedies. This Paris Report 4 – a joint CEPR-Bruegel initiative –…
