Sentences with phrase «persistent trade imbalances»
No analysis on how systematic wage arbitrage allowed by trade globalization between countries of very different income level within an exchange rate system allowing massive an persistent trade imbalances led to a massive opening up of compensation scales in developed countries, as well as substantial under - employment.
http://carnegieendowment.org/
And: «The new NAFTA will be modernized to reflect 21st century standards and will reflect a fairer deal, addressing America's persistent trade imbalances in North America.»
Not exact matches
US Treasury Secretary Mnuchin complained about persistent trade surpluses and stated that «We urge the IMF to speak out more forcefully on the issue of external imbalances, including by providing clear policy recommendations for countries with large surpluses, in support of more balanced global growth.»
Unable to come up with any agreement in Seoul on resolving conflicts over currency and trade, the G20 created its own mantra: «Persistent global imbalances pose a threat to economic stability.»