Rebanlancing of World Economy and the Challenges in Post-crisis Time

【From】:[Economic Theory and Business Management, 2010,05]【Author】:[Song Yuhua; Ye Qina]【Date】:[2010-06-12]【Hit】:[1324]

Abstract : Based on several fundamental judgment s about global imbalances , this paper analyzes four essential issues involved in rebalancing - the scenario for relatively balanced development of world economy , t he global demand structure , a reasonable development of real and virtual economy and the international system reform1 This paper point s out t hat it is important to correct domestic imbalances of different countries for rebalancing , and t hen discusses the economic mode transition of the U. S., EU , Japan , oil-exporting countries and China , and their challenges respectively.
 
Key words : global imbalances ; rebalancing world economy ; economic mode transition