CONTENTS
Figure 3.13. Forecasts of Employment, Unemployment Rate, and GDP for Advanced Economies, Based on Vector Autoregression 106 Figure 4.1. Global Imbalances 110 Figure 4.2. Methodology Example (Korea 1989) 111 Figure 4.3. Output and Employment Growth during Surplus Reversals 115 Figure 4.4. Change in Growth after Surplus Reversals 116 Figure 4.5. Contributions to Growth 117 Figure 4.6. Case Studies: Pretransition Initial Conditions 122, 123 Figure 4.7. Case Studies: Posttransition Implications 129 Figure 4.8. Japan at the End of Bretton Woods 131
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