全球经济失衡问题研究的新进展

归纳梳理了国内外对全球经济失衡问题的研究成果。其中美国经常账户赤字最先引起广泛的关注，实体经济和金融制度层面均存在导致本轮全球经济失衡的因素。美国经济的调整将对世界经济产生重要影响，多国协调行动有利于失衡的有序调整。进一步的研究方向包括亚洲地区盈余的可持续性、失衡政策原因的考察等等。

The Latest Development of the Research on Global Imbalances

In this paper we sum up the latest development of the research on global imbalances. The U.S. current account deficit firstly arouses many discussions. The real economy and the financial economy is to some extent the cause of the current round global imbalances. The adjustment of U.S. economy will have＇ profouud effects on the world economy. Cooperation between different countries should be needed to prevent disorder. In the future research, we should pay attention to the sustainability of Asian surplus, the policy reason for the imbalances, and so on.