[OPE] The G20 "imbalance" measures...

From: Jurriaan Bendien <jurriaanbendien@online.nl>
Date: Fri Feb 18 2011 - 18:12:35 EST


G-20 Nears Deal on Imbalance Measures

PARIS-The Group of 20 industrial and developing nations is headed toward
agreement on setting four indicators as guidelines for measuring global
economic imbalances, senior G-20 officials said Friday. The four indicators
would be current-account imbalances, public-sector debt, private-sector debt
and one indicator for the real effective foreign exchange rate and the size
of foreign-exchange reserves. Previously, it was expected that five
indicators would be set, with the exchange rate and reserves set as two
independent indicators.

Output, income, investment and employment/unemployment have nothing to do
with it apparently.
It's a ledger concept of equilibrium.

Still, if these are the agreed measures, then we should get standard data
for all significant national economies on their total debt structure...


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Received on Fri Feb 18 18:13:38 2011

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