Generalized efforts by all governments to balance their budgets simultaneously might actually result in a perverse combination of budgetary (and trade) imbalances as well as a lower level of employment and income worldwide
Il flusso di capitali diretto verso i paesi emergenti è in parte utilizzato per rafforzare l'economia nazionale, in parte per investimenti all'estero. E' il rovesciamento delle precedenti tendenze della globalizzaizone.
The flow of capital going into the Emerging Countries is partly used to reinforce their economy and partly used for investment abroad : the flow of capital into Emerging Countries is matched by a relevant out flow from these countries
