Enrichment
Martin Wolf on why trade imbalances matter
Geoff Riley
7th February 2015
Why do huge external imbalances herald disaster? Martin Wolf, the FT's chief economics commentator, explains what happens when some countries spend much less than their incomes and so run big current account surpluses, while others do the opposite
- Economics
- Blog
- Enrichment
- External balance
- Balance of Payments (BoP)
- External imbalances
- Martin Wolf
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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