Traduction de «global imbalance » (Anglais → Français) :

It has also revealed important gaps, shortcomings and imbalances in global, EU and national policy-making.

1. Welcomes steps to measure global imbalances by a set of indicative guidelines against which a set of jointly agreed indicators will be assessed in order to reduce excessive and persistent macroeconomic imbalances and maintain countries’ current account imbalances at sustainable levels, including ‘the external imbalance composed of trade balance and net investment income flows and transfers’ agreed by the G-20 Finance Ministers Summit in Paris on 19 February 2011 and their commitment to strengthening multilateral cooperation in view of coordinated policy action by all G20 members with a view to achieving strong, sustainable and balance ...[+++]d growth;

26. Underlines the fact that, whilst the EU has a balanced current account and does not contribute to global imbalances, it would be strongly affected by a disorderly correction of imbalances through a depreciation of the US dollar; notes that the EU must coordinate its polices on trade and currency imbalances closely with the USA with a view to avoiding a rapid depreciation of the dollar; urges the USA, as well as major world actors, to ensure that currency management becomes a multilateral endeavour involving all major world currencies; welcomes the fact that indicators for global imbalances have been announced, and calls for such i ...[+++]ndicators to be taken fully into account in the formulation of macro-economic policies;

26. Underlines the fact that, whilst the EU has a balanced current account and does not contribute to global imbalances, it would be strongly affected by a disorderly correction of imbalances through a depreciation of the US dollar; notes that the EU must coordinate its polices on trade and currency imbalances closely with the USA with a view to avoiding a rapid depreciation of the dollar; urges the USA, as well as major world actors, to ensure that currency management becomes a multilateral endeavour involving all major world currencies; welcomes the fact that indicators for global imbalances have been announced, and calls for such i ...[+++]ndicators to be taken fully into account in the formulation of macro-economic policies;

10. Expresses concerns about the ongoing appreciation of the euro against most major foreign currencies; points out in this connection that Article 111 of the Treaty assigns responsibility for exchange rate policy to the Council, but without specifying how this responsibility should be exercised; calls on the Eurogroup, the Council and the ECB to exercise their respective competences in full; observes that such appreciation has not been harmful to exports on the eurozone level so far, but that the effects vary among Member States; underlines the risks associated with large global current account imbalances which could result in additional increases in the euro exchange rate; notes that there is now a broad consensus among policy makers ...[+++] on how to tackle the problem of global imbalances; notes that the efforts made by the international community and international financial institutions have been far from adequate; hopes that the implementation of measures to reduce the budget deficit and promote private savings in the USA and to achieve greater exchange rate flexibility in a number of surplus countries in emerging Asia, in particular China, which is to be monitored by the IMF, will make a significant contribution to the gradual resolution of global imbalances;

10. Expresses concerns about the ongoing appreciation of the euro against most major foreign currencies; points out in this connection that Article 111 of the Treaty assigns responsibility for exchange rate policy to the Council, but without specifying how this responsibility should be exercised; calls on the Eurogroup, the Council and the ECB to exercise their respective competences in full and to coordinate their actions in the field of exchange rate policy more closely; observes that such appreciation has not been harmful to exports on the euro zone level so far, but that the effects vary among Member States ; underlines the risks associated with large global current account imbalances which could result in additional increases in th ...[+++]e euro exchange rate; notes that there is now a broad consensus among policy makers on how to tackle the problem of global imbalances; notes that the efforts made by the international community and international financial institutions have been far from adequate; hopes that the implementation of these measures (the adoption of measures to reduce the budget deficit and promote private savings in the USA and to achieve greater exchange rate flexibility in a number of surplus countries in emerging Asia, in particular China), which is to be monitored by the IMF, will make a significant contribution to the gradual resolution of global imbalances;