Staff Report on the Multilateral Consultation on Global Imbalances with China, the Euro Area, Japan, Saudi Arabia, and the United States


Date: June 29, 2007
Electronic Access: Full Text
Subject(s): Article IV Consultations | Multilateral consultations | China | Japan | Saudi Arabia | United States | Euro Area | Exchange rate policy surveillance
Summary:
Multilateral Consultations are a new tool of multilateral surveillance for the IMF, designed to foster action-oriented debate and policy actions on a problem of systemic or regional importance. The first multilateral consultation focused on facilitating the resolution of global imbalances while sustaining robust global growth. China, the euro area, Japan, Saudi Arabia, and the United States agreed to participate.