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G7 Current Account Imbalances

Name: G7 Current Account Imbalances
Brand: The University of Chicago Press
SKU: 9780226107264
Price: 922.28 PLN
Availability: InStock

Sustainability and Adjustment

Autor: Richard H. Clarida

Język:

Oprawa: Twarda

Wydawca: The University of Chicago Press

Dostępność: Dostępna u dostawcy w małych ilościach

Wysyłamy za 13-18 dni

922.28 zł

The current account deficit of the United States is more than six percent of its gross domestic prod...

Informacje o książce

Autor

Richard H. Clarida

Język

Angielski

Oprawa

Książka - Twarda

Data wydania

2007

strony

448

EAN

9780226107264

ISBN

9780226107264

Enbook ID

06256715

Wydawca

The University of Chicago Press

Waga

824

Wymiary

161 x 235 x 33

Pełny opis

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. An esteemed group of collaborators here examines the role of the bursting of the dot-com bubble, the history of previous episodes of current account adjustments, and the possibility of the Euro surpassing the dollar as the leading international reserve currency. Though there are areas of broad agreement--that the imbalances will ultimately decline and that currency revaluations will be part of the solution--many areas of contention remain regarding both the dangers of imbalances and the possible forms of adjustment. This volume will be of tremendous value to economists, politicians, and business leaders alike as they look to the future of the G7 economies.

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G7 Current Account Imbalances

Sustainability and Adjustment

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