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April 27, 2012

Oil Exporters Are Driving Global Imbalances

The Economist, The Economist


New American

FIRST, the good news: China, the country at the centre of the debate about global imbalances, has a current-account surplus that has fallen sharply over the past few years. Now the bad: China was never really the prime culprit when it comes. . .

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TAGGED: global oil market, petrodollars, global economy, the Economist

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