Untangling The U.s. Deficit: Evaluating Causes, Cures And Global Imbalances

摘要

Untangling the US Deficit: Evaluating Causes, Cures and Global Imbalances joins a crowded field of books, articles, and punditry on this topic. Of course, with more than fifteen years of near-uninterrupted widening of global imbalances-a U.S. trade deficit, a changing cast of countries in trade surplus, and exploding cross-border financial flows by nearly all countries-there has been a lot of explaining to do. Thus it is may seem unfortunate that the apparently exorable trend-at least for the U.S. trade deficit-appears to have paused just as the book was released.