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Paperback A World Out of Balance?: Special Report of the CEPS Macroeconomic Policy Group Book
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ISBN: 9290796219

ISBN13: 9789290796213

A World Out of Balance?: Special Report of the CEPS Macroeconomic Policy Group

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Over the past decade, the global economy has been on a dynamic path that is clearly unsustainable, with ever-increasing current account deficits in the United States, financed by surpluses in emerging market economies. In its latest report, the authoritative CEPS Macroeconomic Policy Group explores the link between the U.S. deficits and the global savings-investment equilibrium. They find that the U.S. deficit is likely to be even larger than officially...

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