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The Current Account and Foreign Debt
Posted on 2010-04-16
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Author: John Pitchford
Publisher: Routledge (1995) Binding: Hardcover, 224 pages pricer: $200.00 ISBN-10: 0415094011 editorialreviews This book argues that it is not alway true that current account deficits are intrinsically bad and in need of serious correction. John Pitchford analyzes a broad range of issues in support of this argument, discussing approaches to current account balance, short run issues, longer run issues and policy. This counterbalance to a common misapprehension in economic theory will be a valuable guide for students of international monetary theory. checked
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