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U.S. Current Account Deficit: Global Implications
SSRN Electronic Journal, 2006United States current account deficit stood at 6.5 per cent of her Gross Domestic product (GDP) in 2005, which is almost twice of her last highest deficit in 3.4 per cent of GDP in 1987. The deficit is primarily grown due to huge merchandise trade deficit which is increasing since 1991s. Several reasons have put forward in order to explain this deficit,
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Are current account deficits sustainable?
Economics Letters, 2001Jyh-Lin Wu, Show-Lin Chen, Hsiu-Yun Lee
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Is the current-account deficit sustainable?
1998How long can we service our growing international indebtedness without causing economic disruption? This explanation of the current-account adjustment process provides fundamental knowledge that will enable the reader to form opinions about the state of affairs and to estimate the probabilities of possible outcomes.
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Narrowing the U.S. Current Account Deficit
Foreign Affairs, 1992William Diebold, Allen J. Lenz
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Are US current account deficits unsustainable?
Japan and the World Economy, 2005openaire +1 more source

