# Imbalances, global (global imbalances)

- Canonical URL: https://www.gerhardmerk.de/imbalances-global-global-imbalances-2
- Post ID: 8004
- Modified: 2023-07-25T21:00:18+00:00
- Language: en

## Definition

As defined by the ECB - external positions of systemically important economies, - reflecting distortions - such as: persistent deficit in the balance of payments - or - posing risks to the global economy. Risks are primarily potential dislocations in financial markets following an unexpected shock, but also increasing protectionism - See event risk, financial market interdependence, risk, systemic, systemic risk. - Cf. ECB Monthly Bulletin of August 2007, pp. 67 ff. (detailed, textbook presentation with overviews and references), ECB Monthly Bulletin of July 2013, pp. 95 ff. (creeping protectionism worldwide increases imbalances; many overviews). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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