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Sport and sports organisations are often some of the most important aspects of local culture and identity. As in the case of cultural institutions, recent years have seen numerous interesting initiatives for sustainable development undertaken by athletes and sports clubs. The paper explores the implementation and social reception of the sustainable development strategy adopted in 2010 by the professional football club called Forest Green Rovers FC in Great Britain. Using the method of content analysis, the author attempts to analyse the critical reflection on the strategy presented in the national opinion-forming press and to show how the club's environmentally-friendly actions are perceived by the community of its fans. [ABSTRACT FROM AUTHOR]

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Global imbalances, i.e. external positions of systemically important economies that reflect distortions or entail risks for the global economy, remain one of the key characteristics of the contemporary world economy. After narrowing sharply in the aftermath of the global financial crisis, overall current account surpluses and deficits stabilized at around 3 percent of global GDP. However, according to the International Monetary Fund's External Sector Report about 35-45 percent of overall current account surpluses and deficits were deemed excessive in 2018. Moreover, the post-crisis period has been characterized by external rebalancing of the Chinese economy, the rise of EMDEs in overall deficits as well as persistency of deficits in the US and the UK. Following the global financial crisis, global imbalances have also been increasingly concentrated in advanced economies. [ABSTRACT FROM AUTHOR]