Balance of payments adjustment problems — the case of West Germany

  • Otmar Issing
Part of the Financial And Monetary Policy Studies book series (FMPS, volume 17)


Global imbalances have been a matter of concern since the end of World War II, and in the majority of years the United States has played a central role in this context.


Monetary Policy Current Account Real Exchange Rate Capital Account Trade Surplus 
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© Kluwer Academic Publishers 1989

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  • Otmar Issing

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