Structural imbalances in the global economy and the consequences for labour.
Work, Organisations and Employment Relations Research Centre (WOERRC)
Prof J Heyes
Applications accepted all year round
The financial crisis exposed serious structural imbalances in the global economy. For example, the character of the crisis in the Eurozone reflected persistent current account deficits in Spain, Portugal and Greece, which were the mirror image of persistent surpluses on the part of other countries, notably Germany.