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G7 Current Account Imbalances

G7 Current Account Imbalances PDF Author: Richard H. Clarida
Publisher: University of Chicago Press
ISBN: 0226107280
Category : Business & Economics
Languages : en
Pages : 518

Book Description
The current account deficit of the United States is more than six percent of its gross domestic product—an all-time high. And the rest of the world, including other G7 countries such as Japan and Germany, must collectively run current account surpluses to finance this deficit. How long can such unevenness between imports and exports be sustained, and what form might their eventual reconciliation take? Putting forth scenarios ranging from a gradual correction to a crash landing for the dollar, G7 Current Account Imbalances brings together economists from around the globe to consider the origins, status, and future of those disparities. An esteemed group of collaborators here examines the role of the bursting of the dot-com bubble, the history of previous episodes of current account adjustments, and the possibility of the Euro surpassing the dollar as the leading international reserve currency. Though there are areas of broad agreement—that the imbalances will ultimately decline and that currency revaluations will be part of the solution—many areas of contention remain regarding both the dangers of imbalances and the possible forms of adjustment. This volume will be of tremendous value to economists, politicians, and business leaders alike as they look to the future of the G7 economies.

G7 Current Account Imbalances

G7 Current Account Imbalances PDF Author: Richard H. Clarida
Publisher: University of Chicago Press
ISBN: 0226107280
Category : Business & Economics
Languages : en
Pages : 518

Book Description
The current account deficit of the United States is more than six percent of its gross domestic product—an all-time high. And the rest of the world, including other G7 countries such as Japan and Germany, must collectively run current account surpluses to finance this deficit. How long can such unevenness between imports and exports be sustained, and what form might their eventual reconciliation take? Putting forth scenarios ranging from a gradual correction to a crash landing for the dollar, G7 Current Account Imbalances brings together economists from around the globe to consider the origins, status, and future of those disparities. An esteemed group of collaborators here examines the role of the bursting of the dot-com bubble, the history of previous episodes of current account adjustments, and the possibility of the Euro surpassing the dollar as the leading international reserve currency. Though there are areas of broad agreement—that the imbalances will ultimately decline and that currency revaluations will be part of the solution—many areas of contention remain regarding both the dangers of imbalances and the possible forms of adjustment. This volume will be of tremendous value to economists, politicians, and business leaders alike as they look to the future of the G7 economies.

The G7, Anti-Globalism and the Governance of Globalization

The G7, Anti-Globalism and the Governance of Globalization PDF Author: Chiara Oldani
Publisher: Routledge
ISBN: 0429014945
Category : Political Science
Languages : en
Pages : 182

Book Description
The G7, a self-selected club of like-minded industrialized countries, looks at first glance ill-suited to address current anti-globalist concerns. Despite this, it has successfully confronted anti-globalization, populist and protectionist pressures by focussing on concerns surrounding the destruction of the natural environment, immigration, transnational crime, drugs, disease and terrorism, thus demonstrating the social and ecological advantages that globalization brings. Exploring how the world’s oldest informal summit institution continues to respond to rising anti-globalisation, populism and protectionism, this book investigates the contribution the G7 makes to global governance through its actions and accountability of its members. The expert contributors analyse from different perspectives the issues that have contributed to the rise of populism and protectionism, and how well the G7 has responded to them. Each contribution identifies avenues that might allow renewing and strengthening the role of the G7 in times of global change, with a view of strengthening its legitimacy and effectiveness. It will be of interest to policy makers, diplomats, scholars of international relations, international political economy, diplomacy, summitry and global governance. The issues discussed will also be particularly relevant to those working for civil society and non-governmental organizations seeking to participate in governance forums or to influence those who do.

Japan and the G7/8

Japan and the G7/8 PDF Author: Hugo Dobson
Publisher: Routledge
ISBN: 1134355572
Category : Business & Economics
Languages : en
Pages : 235

Book Description
"This book analyses Japan's participation in the multilateral forum, the G7/8, since its creation in 1975 through to the Kananaskis Summit in Canada in 2002. Alongside this unique political history of involvement in the summit process, Japan's contributions to the process, its alliance with the US and its position within the East Asian region and international society as a whole are also discussed in depth. Hugo Dobson explores the motivation of the Japanese government and non-governmental actors' aims and objectives and examines how and to what extent they have been achieved. Presenting a wealth of new research as well as interviews with some of the main Japanese participants in the summit process, this book gives a historically and theoretically informed analysis of Japan's role in the G7 and G8 from 1975 to 2002. It will be of interest to bureaucrats and politicians, as well as scholars of Asian studies and international relations."--Page i.

The G7/G8 System

The G7/G8 System PDF Author: Peter I Hajnal
Publisher: Routledge
ISBN: 0429790856
Category : Political Science
Languages : en
Pages : 201

Book Description
First published in 1999, this guide to the G7/G8 system discusses the origins, characteristics, role and agenda of the G7/G8 system; reviews its evolution; surveys the major debates and questions about the G7/G8; and provides a detailed study of its complex and elusive documentation. It also includes a comprehensive bibliography, of the G7/G8 and its concerns, listing over 600 books, shorter writings, publications in series, book chapters, articles in periodicals, government publications, international organisation publications and Internet resources. The book is intended as a contribution to scholarly literature and as a useful work of reference for academics, government officials, the media, libraries and the general public.

Challenges for Global Macroeconomic Stability and the Role of the G7

Challenges for Global Macroeconomic Stability and the Role of the G7 PDF Author: Fabrizio Saccomanni
Publisher: Edizioni Nuova Cultura
ISBN: 8868128594
Category :
Languages : en
Pages : 206

Book Description
In view of the Italian Presidency of the Group of Seven (G7) in 2017, the Istituto Affari Internazionali (IAI) conducted a research project on “Major Challenges for Global Macroeconomic Stability and the Role of the G7” together with a major policy think tank in each of the other G7 member countries: Center for International Governance Innovation (CIGI, Canada); Centre d’Etudes Prospectives et d’Information Internationales (CEPII, France); Kiel Institute for the World Economy (IfW, Germany); Japan Institute for International Affairs (JIIA, Japan); Royal Institute for International Affairs (Chatham House, United Kingdom); Peterson Institute for International Economics (PIIE, United States).The project covered the following three subjects, representing major challenges for G7 policy-makers: macroeconomic policy coordination; international trade relations; global financial stability. Each participating think tank prepared a paper addressing all or some of the issues from the perspective of its own country, outlining areas of possible consensus for joint actions to be achieved within the Group and offering independent policy recommendations for the G7 deliberations. The seven papers have been presented at an international conference held in Rome on 27-28 March 2017 and have been discussed by a broad range of experts from academia and international institutions. The proceedings of the conference are presented in this volume. A broad consensus emerged from the T7 papers and the contributions of the discussants on the need to reduce policy uncertainty, preventing a resurgence of financial tensions in capital and foreign exchange markets. Boosting public investment in infrastructures and new technologies; defining a “better trade agenda” with adequate social protections and completing the financial regulatory reform were also indicated as top priorities for the G7.

The Ultimate Chrome OS Guide For The HP Chromebook 14 G7

The Ultimate Chrome OS Guide For The HP Chromebook 14 G7 PDF Author: Keith I Myers
Publisher: Keith I Myers
ISBN:
Category : Computers
Languages : en
Pages : 205

Book Description
There are several books available for Chrome OS users however many of them focus on the limitations of Chrome OS, not teach readers how to unlock the full potential of their Chrome OS powered device. The Ultimate Chrome OS Guide for the HP Chromebook 14 G7 will provide a comprehensive overview of the HP Chromebook 14 G7 and how to get the most out of your purchase. This book was designed to appeal to readers from all walks of life, it does not matter if this is your first Chrome OS powered device or you are like me and have a quickly growing collection.

How Successful Is the G7 in Managing Exchange Rates?

How Successful Is the G7 in Managing Exchange Rates? PDF Author: Marcel Fratzscher
Publisher: DIANE Publishing
ISBN: 1437923631
Category : Business & Economics
Languages : en
Pages : 55

Book Description
Assesses the extent to which the Group of Seven (G7) has been successful in its management of major currencies since the 1970s. The G7 has been effective in moving the U.S. dollar, yen and euro in the intended direction at horizons of up to three months after G7 meetings, but not at longer horizons. The findings indicate that the reputation and credibility of the G7, as well as its ability to form and communicate a consensus among individual G7 members, are important determinants for the G7¿s ability to manage major currencies. This paper concludes by analyzing the factors that help the G7 build reputation and consensus, and by discussing the implications for global economic governance. Charts and tables.

The Ultimate Chrome OS Guide For The HP Chromebook 11 G7 EE

The Ultimate Chrome OS Guide For The HP Chromebook 11 G7 EE PDF Author: Keith I Myers
Publisher: Keith I Myers
ISBN:
Category : Computers
Languages : en
Pages : 205

Book Description
There are several books available for Chrome OS users however many of them focus on the limitations of Chrome OS, not teach readers how to unlock the full potential of their Chrome OS powered device. The Ultimate Chrome OS Guide for the HP Chromebook 11 G7 EE will provide a comprehensive overview of the HP Chromebook 11 G7 EE and how to get the most out of your purchase. This book was designed to appeal to readers from all walks of life, it does not matter if this is your first Chrome OS powered device or you are like me and have a quickly growing collection.

Gender Budgeting in G7 Countries

Gender Budgeting in G7 Countries PDF Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
ISBN: 1498346847
Category : Social Science
Languages : en
Pages : 39

Book Description
At the request of the Italian Presidency of the G7, the IMF has prepared a paper on gender-budgeting as a contribution to the G7 initiative on equality. The paper provides an overview of gender-responsive budgeting concepts and practices in the G7 countries. It summarizes recent trends in gender equality in G7 and advanced countries, noting that while equality has improved overall, exceptions and gaps remain. Recognizing that many fiscal policies have gender-related implications, this paper: Sets out the main fiscal policy instruments, both expenditure and tax, that have a significant impact on gender equality. Provides a conceptual framework for the public financial management (PFM) institutions that play an enabling role in implementing gender-responsive fiscal policies. These instruments include gender budget statements, gender impact assessments, performance-related budget frameworks, and gender audits. Ministries of finance have an especially important role in promoting and coordinating gender budgeting, and associated analytical tools. Provides an assessment of the status of gender budgeting in the G7 countries. In preparing the paper, the IMF carried out a survey of PFM institutions and practices in the G7, as well as in three comparator countries that are relatively strong performers in developing gender-responsive budgeting (Austria, Belgium, and Spain). This information was complemented by other sources, including recent studies by the OECD and the World Bank. The main policy implications and conclusions of the paper include: Well-structured fiscal policies and sound PFM systems have the potential to contribute to gender equality, furthering the substantial progress already made by the G7 countries. While G7 countries have made effective use of a wide range of fiscal and non-fiscal policies to reduce gender inequalities, there has generally been less progress in developing effective gender-specific PFM institutions; embedding a gender dimension in the normal budgeting and policy-making routines varies across G7 countries and is not done systematically. Fiscal policy instruments of relevance to increasing gender equality include the use of tax and tax benefits to increase the supply of female labor, improved family benefits, subsidized child-care, other social benefits that increase the net return to women’s work, and incentives for businesses to encourage the hiring of women.

Hanging in There: The G7 and G8 Summit in Maturity and Renewal

Hanging in There: The G7 and G8 Summit in Maturity and Renewal PDF Author: Nicholas Bayne
Publisher: Routledge
ISBN: 1351790250
Category : Social Science
Languages : en
Pages : 221

Book Description
This title was first published in 2000: This inside look at the G7/G8 summits is from an author who combines personal experience of the summit process with academic analysis. It weaves together a critical narrative of the annual summits with essays on their interaction with contemporary trends - interdependence, globalization and the end of the Cold War - and with key international institutions. the summits are judged against their original objectives: reconciling domestic and external pressures, mobilizing collective management and providing political leadership. Readers should take away an understanding of how the leaders of the major industrial democracies have responded to the transformation of the world economy during the late 20th century and how far they have succeeded in reforming the international economic system to meet the next millennium.