Untangling the US Deficit - Evaluating Causes, Cures and Global Imbalances (Hardcover, illustrated edition)

As the US current account deficit has expanded to a record level of $811 billion in 2006, debate about the deficit's causes and consequences has also grown. Is the deficit a product of American profligacy or a 'glut of savings' in the rest of the world? Is it a serious problem or essentially benign? Untangling the US Deficit charts a course between the competing explanations in a systematic and rigorous approach, incorporating the latest academic research and market data. Particular attention is given to the China-United States trade imbalance and to the special role of the US dollar and US capital markets in global finance. This unique and well-researched book will be of great interest to academic economists and postgraduates. Policy-makers, business and market economists will also find it to be an enlightening and challenging account.

General

Imprint:	Edward Elgar Publishing Ltd
Country of origin:	United Kingdom
Release date:	August 2007
Authors:	Richard A. IIey • Mervyn K. Lewis
Dimensions:	234 x 156 x 15mm (L x W x T)
Format:	Hardcover
Pages:	288
Edition:	illustrated edition
ISBN-13:	978-1-84542-920-1
Categories:	Books > Business & Economics > Economics > Political economy Books > Business & Economics > Economics > International economics > International finance
LSN:	1-84542-920-6
Barcode:	9781845429201

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