EconWatch.com > The Unsustainable World Economy

http://yappadingding.blogspot.com [Yappa Ding Ding] We live in precarious times. The US dollar is the official world currency - around the world, over two-thirds of all national reserves are held in US dollars - and yet it is very, very vulnerable.

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http://www.rgemonitor.com [Rgemonitor.com] RGE - Nouriel Roubini's Blog: Category: Current Account and ...: 2) I had written in 2004 a book with Brad Setser on the financial crises in emerging markets in the last decade and we well knew - based on a decade of crises - that large and unsustainable current account deficits may lead to currency and financial crises. Indeed, with the exception of Russia that did not have a current account deficit in 1997-98, every financial crisis in emerging market economies in the last decade (Mexico, Thailand, Indonesia, Malaysia, Korea, Brazil, Argentina, Ecuador, Turkey, Uruguay, Dominican Republic) had been associated - among several other vulnerabilities - with a large current account deficit that led to a sudden stop when a combination of domestic and external shocks hit the economy.

G7.utoronto.cahttp://www.g7.utoronto.ca [G7.utoronto.ca] A very large amount of international lending occurs both by ...: 39) notes that:. ””The international interbank market might be thought of as having a ”precarious credit .

Reliefweb.inthttp://www.reliefweb.int [Reliefweb.int] Appeals: Southern Africa Humanitarian Crisis, Southern Africa: Mid ...: They range from unsustainable exchange rate policy, price controls, .Working with international financial institutions such as the World Bank (WB) and .

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