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27 Aug 2013

The World Economy According to an Excess Savings Country

Daniel Gros

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CEPS Director Daniel Gros was invited to contribute his views to a collection of essays commissioned by the Brookings Institution and entitled "The G-20 and Central Banks in the New World of Unconventional Monetary Policy". The publication offers strategic advice to world leaders in the run-up to the G20 Summit, to be held in St. Petersburg on September 5-6th. The project was inspired by the conviction that the G20’s survival and its capacity to thrive depends on very strong academic, business, labour and civil society engagement, as reflected in the diverse contributing authors and cooperating institutions. It was directed by Kemal Dervi?, Vice President, Global Economy and Development, Brookings Institution and Homi Kharas, Senior Fellow and Deputy Director, Global Economy and Development, Brookings Institution.

Download full report:

http://www.brookings.edu/research/reports/2013/08/g20-central-banks-monetary-policy

Download Daniel Gros’ chapter:

http://www.brookings.edu/~/media/Research/Files/Reports/2013/08/g20%20central%20banks%20monetary%20policy/TT20%20germany_gros.pdf