trade imbalances

The fall in the US dollar should be welcomed, as it will help correct global imbalances. The recovery
in China’s economy is gaining new impetus, amid concerns about the transition to a more balanced economy.  

Money Supply, a Financial Times blog, rounds up the day’s economic news.  

Daniel Pimlott of the Financial Times reviews the day’s economic news 

“Well run” emerging economies will be encouraged to hold less in foreign reserves with the IMF acting as a giant insurer, under a new proposal. Unemployment is set to break through 10 per cent in the US, and stay there for quite some time 

Chris Giles

The International Monetary Fund has concluded that countries must work together when removing extraordinary policies to counter the global economic crisis. This seems sensible, writes Chris Giles of the Financial Times, particularly for dealing with bank guarantees. But much is the same of IMF. Reports written. No agreement. Reports shelved.  

China’s push for materials and energy leads it to be South Africa’s biggest trading partner. In spite of this, questions over China’s continued recovery and further questions on whether we are seeing the end of the rally in equities 

Chris Giles

The IMF’s latest economic forecasts are out, writes Chris Giles of the Financial Times, but there are much more interesting bits in its latest World Economic Outlook. If you’ve lost your job, you’re going to struggle, the Fund thinks 

Ralph Atkins

The Bundesbank has explained why Germany is not part of the global imbalances story, says Ralph Atkins in a Financial Times blog 

Krishna Guha

Dominique Strauss-Kahn tells the Financial Times’ Krishna Guha that the IMF is going to talk about currencies when it reports back to the G20 on balanced growth 

Chris Giles

The G20 summit is done and dusted. The outcome pretty much as expected with the G20 now at the centre of global economic policy making. But the differences with past policy making are not as great as some of colourful language writes Chris Giles of the Financial Times