Is the U.S. Current Account Deficit Sustainable?
Description:
This report reviews studies on the America's current account (CA) deficit's sustainability. Some of the studies suggest that a large dollar depreciation could eventually be required to restore sustainability. But the inflation-adjusted 25% depreciation of the dollar from 2002-2008 had little effect on the CA deficit, which kept growing until 2007.
Date:
April 2, 2010
Creator:
Labonte, Marc
Item Type:
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Partner:
UNT Libraries Government Documents Department