The United States as a Debtor Nation
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Book Overview
The United States has once again entered into a period of large external imbalances. This time the current account deficit, at nearly 6 percent of GDP in 2004, is much larger than in the last episode, when the deficit peaked at about 3.5 percent of GDP in 1987. Moreover, the deficit is on track to become substantially larger over the next several years. This study examines whether the large and growing current account deficit is a problem, and if...
Format:Paperback
Language:English
ISBN:0881323993
ISBN13:9780881323993
Release Date:September 2005
Publisher:Peterson Institute for International Economic
Length:323 Pages
Weight:0.70 lbs.
Dimensions:0.7" x 6.1" x 9.0"
Grade Range:Postsecondary and higher
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