G7 current account imbalances

G7 current account imbalances

by Richard H. Clarida

Book 12194 of NBER working paper series -- working paper

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The US deficit is at an all-time high, requiring the rest of the world's economies to run surpluses. Putting forth scenarios ranging from a gradual correction to a crash landing for the dollar, economists from around the world consider the origins status, and future of those disparities.

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