[OPE] The G20 "imbalance" measures...

WSJ FEBRUARY 18, 2011

G-20 Nears Deal on Imbalance Measures

PARIS-The Group of 20 industrial and developing nations is headed toward
agreement on setting four indicators as guidelines for measuring global
economic imbalances, senior G-20 officials said Friday. The four indicators
would be current-account imbalances, public-sector debt, private-sector debt
and one indicator for the real effective foreign exchange rate and the size
of foreign-exchange reserves. Previously, it was expected that five
indicators would be set, with the exchange rate and reserves set as two
independent indicators.
http://online.wsj.com/article/SB10001424052748704900004576151952143843890.html?mod=WSJEUROPE_hpp_LEFTTopWhatNews

Output, income, investment and employment/unemployment have nothing to do
with it apparently.
It's a ledger concept of equilibrium.

Still, if these are the agreed measures, then we should get standard data
for all significant national economies on their total debt structure...

J.

_______________________________________________
ope mailing list
ope@lists.csuchico.edu
https://lists.csuchico.edu/mailman/listinfo/ope
Received on Fri Feb 18 18:13:38 2011