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September 9, 2005

The Evolution and Resolution of Global Imbalances

Remarks David Dodge Spruce Meadows Roundtable Calgary, Alberta
Today, I will talk about two types of global economic imbalances. The first relates to the way that savings and investment are being distributed across countries in an increasingly uneven way. The second is the possibility that, over the next couple of decades, the global economy might face a protracted period in which desired savings exceed planned investment, partly because of demographic trends.
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