Documents Global Imbalances What Global Imbalances? Willem H. Buiter Professor of European Political Economy,....

Slide 1Global Imbalances What Global Imbalances? Willem H. Buiter Professor of European Political Economy, London School of Economics and Political Science (New & one…

Documents Current Account Metzler Diagram. Savings and Investment Schedule In a closed economy, current...

Slide 1 Current Account Metzler Diagram Slide 2 Savings and Investment Schedule In a closed economy, current account is zero and interest rates sets savings equal to investment.…