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Home | CEPR Skip to main content Mobile menu Search VoxEU Search All Columns VoxTalks VideoVox About VoxEU Research Programme Areas Research Policy Networks (RPNs) Research Projects and Networks Research Policies Data Sets Publications Publication Series Books and Reports Discussion Papers Covid Economics Papers Policy Papers Economic Policy Journal Search All Publications Archive Events Calls for Papers Forthcoming Events Past Events Event Series Audio and video Search all multimedia content VoxTalks VideoVox Vox Webcasts Webinar Videos About CEPR People News Advisory Board Press Governance Support CEPR Partners Jobs at CEPR Summer Reading 2026 Themes Search Themes Themes Key Themes Artificial Intelligence Central Banking Climate Change Competition Policy Development & Growth Economic History Energy EU Economic Architecture Inflation Political Economy Poverty and Income Inequality Sustainable Finance Ukraine Initiative Women in Economics Other Themes Business Cycles Covid 19 Exchange Rates Finance & Fintech Health Economics International Finance International Trade Labour Markets Migration Monetary Policy Productivity and Innovation Taxation Focus On Europe 2050 The Economic Consequences of the War Europe-Asia Initiative Trump & Tariffs Main navigation VoxEU Search All Columns VoxTalks VideoVox About VoxEU Research Programme Areas Research Policy Networks (RPNs) Research Projects and Networks Research Policies Data Sets Publications Publication Series Books and Reports Discussion Papers Covid Economics Papers Policy Papers Economic Policy Journal Search All Publications Archive Events Calls for Papers Forthcoming Events Past Events Event Series Audio and video Search all multimedia content VoxTalks VideoVox Vox Webcasts Webinar Videos About CEPR People News Advisory Board Press Governance Support CEPR Partners Jobs at CEPR Summer Reading 2026 Secondary Menu CEPR Offices User account menu Log in Secondary Menu CEPR Offices User account menu Log in Themes Key Themes Artificial Intelligence Central Banking Climate Change Competition Policy Development & Growth Economic History Energy EU Economic Architecture Inflation Political Economy Poverty and Income Inequality Sustainable Finance Ukraine Initiative Women in Economics Other Themes Business Cycles Covid 19 Exchange Rates Finance & Fintech Health Economics International Finance International Trade Labour Markets Migration Monetary Policy Productivity and Innovation Taxation Focus On Europe 2050 The Economic Consequences of the War Europe-Asia Initiative Trump & Tariffs Search the site Search Research Excellence, Policy Relevance Focus on... Europe 2050 Trump & Tariffs Artificial Intelligence Is a Lasting US-Iran Deal Now Possible? New Policy Insight from Simon Johnson and Amir Kermani A new CEPR Policy Insight argues that the Hormuz blockade could unlock a lasting US-Iran deal. Download Policy Insight 150 NEW PUBLICATION | Paris Report 4: The New Global Imbalances Global imbalances are back in focus. Central banks, international organizations, the G7 and the G20 are debating their causes and remedies. This Paris Report 4 – a joint CEPR-Bruegel initiative – aims to provide independent analytical foundations for the debate, particularly for the French G7 presidency. Report Paris Report 4: The New Global Imbalances Hélène Rey Beatrice Weder di Mauro Jeromin Zettelmeyer Chapters The new global imbalances: Why care, why now and what can be done? Global imbalances: Current state and scenarios for the path ahead Historical perspectives Global imbalances redux Global imbalances then and now: Should we be concerned? Global imbalances: A progress report An institutional and governance perspective to understanding external imbalances The return of global imbalances? The US case Stablecoins and global imbalances: Attempting to preserve the US exorbitant privilege Rebalancing of the Chinese economy: Challenges and policy options The Chinese current account imbalances: Puzzles, patterns, and possible causes Global imbalances, industrial policies, and the challenge of surging Chinese trade surpluses The European Union's external imbalances: Past, future, and policy EU under pressure? Exploring Chinese trade deflection Global imbalances then and now: Lessons of the Plaza Accord Reconciling domestic goals with global adjustment: Challenges for Indian economic management Financial flows to developing countries Policy insights Policy Insight 148: The new global imbalances: Why care, why now and what should be done? Beatrice Weder di Mauro Jeromin Zettelmeyer VoxEU Column Why global imbalances matter again – and what to do about them Beatrice Weder di Mauro Jeromin Zettelmeyer 13 Apr 2026  Global economy VoxEU Talk Global Imbalances Redux Maurice Obstfeld 13 Apr 2026  Global crisis  Trade VoxEU Talk Stablecoins and Global Imbalances Gilles Moëc 13 Apr 2026  Finance & Fintech  Financial Markets VoxEU Talk Rebalancing the Chinese economy Yiping Huang 20 Apr 2026  Development & Growth  Global economy Recent VoxEU Columns VoxEU Column Firms slice up global production to protect their knowhow Peter Eppinger Bohdan Kukharskyy Alireza Naghavi Gianmarco Ottaviano 17 Aug 2026  Competition Policy  Productivity and Innovation VoxEU Column A comparison of labour force participation trends in the euro area and the US Ramon Gomez-Salvador Til Pommer 17 Aug 2026  Labour Markets VoxEU Column Nine centuries of cultural change and the productivity of ideas Radek Stefanski 16 Aug 2026  Economic History  Political Economy  Productivity and Innovation NEW EBOOK | World War Trade As trade becomes a tool of strategic competition, the global system is being reshaped. Richard Baldwin sets out the forces driving change and the emerging new order. Download the Free eBook Read the VoxEU Column Listen to the podcast Latest announcements about publications, events, and Researcher activities CEPR News Anthony Venables appointed President of the Royal Economic Society CEPR News Silvana Tenreyro appointed as IMF Chief Economist CEPR News New CEPR Initiative launched. Europe 2050: Geometries of peace, power, and prosperity New Discussion Papers: Week Ending 16 August CEPR News / 17 Aug 2026 New Discussion Papers: Week Ending 09 August CEPR News / 10 Aug 2026 New Discussion Papers: Week Ending 02 August CEPR News / 3 Aug 2026 Explore further... 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