Financial Crisis and Global Disequilibria: The Stability of the Dollar at Question (notice n° 576910)
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fixed length control field | 01444cam a2200205 4500500 |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20250121134615.0 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | fre |
042 ## - AUTHENTICATION CODE | |
Authentication code | dc |
100 10 - MAIN ENTRY--PERSONAL NAME | |
Personal name | Blot, Christophe |
Relator term | author |
245 00 - TITLE STATEMENT | |
Title | Financial Crisis and Global Disequilibria: The Stability of the Dollar at Question |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2011.<br/> |
500 ## - GENERAL NOTE | |
General note | 25 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | The dollar proved remarkably stable during the financial crisis despite a persistent US current account deficit. However, global imbalances may have played a role in the financial turmoil by explaining why long-term interest rates remained low for a prolonged period, fueling demand for toxic assets. Contrary to this view, we believe that property-related and structured assets bubbles are mainly due to intrinsic instability in financing. Questions over the dollar’s stability remain acute. The so-called Bretton Woods II system is fragile, as shown by the recent financing of the US current account deficit. Better coordination of macroeconomic policies is needed if we are to avoid undesirable instability in the exchange rate market. |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | current account |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | dollar |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | financial crisis |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | Bretton Woods II |
786 0# - DATA SOURCE ENTRY | |
Note | Reflets et perspectives de la vie économique | Volume XLIX | 4 | 2011-01-27 | p. 29-37 | 0034-2971 |
856 41 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-reflets-et-perspectives-de-la-vie-economique-2010-4-page-29?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-reflets-et-perspectives-de-la-vie-economique-2010-4-page-29?lang=en&redirect-ssocas=7080</a> |
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