| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5087395 | Journal of Asian Economics | 2012 | 13 Pages |
Abstract
⺠Macroeconomic policy can help promote growth rebalancing away from exports. ⺠Most of the needed stimulus can be provided by monetary policy. ⺠Fiscal policy need only play a supplementary role. ⺠Excessive savings is the main factor behind high current account surpluses in Asia. ⺠Measures to encourage consumption have the highest payoff for reducing imbalances.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Peter J. Morgan,