The debate on “global imbalances” has gone back to the future. The proposal from Tim Geithner, the US Treasury secretary, to target the current account takes us back to the preoccupations of John Maynard Keynes at the Bretton Woods conference of July 1944. Keynes, representing Britain, was obsessed with the dangers of asymmetric adjustment between surplus and deficit countries. The US, then the world’s dominant surplus country, rebuffed calls for a mechanism that would impose pressure on both sides. Now the US is in the other camp.
有关“manbetx app苹果 不平衡”的辩论已经“回到未来”。美国财长蒂姆•盖特纳(Tim Geithner)提议为经常账户余额设定指标,这让我们回想起约翰•梅纳德•凯恩斯(John Maynard Keynes)在1944年7月的布雷顿森林会议上极力关注的事情。代表英国出席会议的凯恩斯执着的辩称,盈余国家和赤字国家之间的不对称调整存在种种危险。美国这个当时manbetx app苹果 最主要的盈余国家,断然拒绝了要求建立一种对盈余国家和赤字国家双方施加压力的机制的呼吁。今天,美国站在相反的立场。