Where does South Africa fit into a world economy of global and current account imbalances
Key Terms
Global imbalances, current account, trade deficit, paradox of thrift, international intertemporal trade, global adjustment, South African current account
- Prescribed Sources -
1.) Global imbalances and current account imbalances
- Bank for International Settlements
- “Global Imbalances and Current Account Imbalances” in Financial Stability Review – Global Imbalances and Financial Stability. No. 15. February. (pp 113–121)
2.) Current Accounts and Global Adjustment
- Wiley Online Library
- Pradhan, M & Taylor, A. M. 2011. Current Accounts and Global Adjustment: The Long and Short of It. Journal of Applied Corporate Finance, 23(1):32-42
3.) Global imbalances and a theory of thrift
- Centre for Economic Policy Research
- Corden, W. M. 2011. “Global Imbalances and The Paradox of Thrift” in Policy Insight. Centre for Economic Research. No.54. April.
- Editor’s Sources -
1.) Current Account – Wikipedia
- A good starting point
2.) World-systems Theory – Wikipedia
- Interesting theory on global interconnectedness
3.) South Africa’s current account deficit
- European Centre for International Political Economy
- Draper, F. & Freytag, A. 2008. South Africa’s Current Account Deficit: Are Proposed Cures Worse than the Disease? South African Institute of International Affairs, Trade Policy Report No. 25:(pages you used)
4.) South Africa’s current account situation
- African Development Bank
- Kandiero, T. 2007. Current Account Situation in South Africa: Issues to Consider. Economic Research Working Paper Series, Working Paper No. 90:(pages you used)
5.) Global Imbalances and Lessons of Bretton Woods
- National Bureau of Econonic Research
- Eichengreen, B. 2006. Global Imbalances and the Lessons of Bretton Woods, MIT Press Books, Cambridge, Massachusetts.
6.) Global pattern of current account balances explained
- ScienceDirect
- Gruber, J. W. & Kamin, S. B. 2007. Explaining the global pattern of current account imbalances. Journal of International Money and Finance, 26(4):500-522
7.) South Africa and the World Bank, IMF and Infternational Finance
- Google Books
- Bond, P. 2003. Against Global Apartheid: South Africa meets the World Bank, IMF and International Finance, UCT Press (Pty) Ltd, Lansdowne.