Financial Times FT.com

Structural imbalances cannot be solved by cyclical policies

Published: November 6 2009 02:00 | Last updated: November 6 2009 02:00

From Mr Dominic Bryant.

Sir, Martin Wolf's article "Private behaviour will shape our path to fiscal stability" (November 4) hits the nail on the head in reminding us of the global imbalances that still exist.

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