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Economics/Finances G7 Current Account Imbalances: Sustainability and Adjustment
Posted on 2010-03-16
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More G7 Current Account Imbalances: Sustainability and Adjustment The current account deficit of the United States is more than six percent of its gross domestic product—an all-time high. And the rest of the world, including other G7 countries such as Japan and Germany, must collectively run current account surpluses to finance this deficit. How long can such unevenness between imports and exports be sustained, and what form might their eventual reconciliation take? Putting forth scenarios ranging from a gradual correction to a crash landing for the dollar, G7 Current Account Imbalances brings together economists from around the globe to consider the origins, status, and future of those disparities. To thank me use this links! If you can't, use this link!
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