Japan's Global Trade Surplus: Its Nature and Significance
Description:
Japan's global current account surplus is expected to reach $150
billion in 1993, up substantially from a modest $36 billion in
1990. The movement of Japan's current account surplus in this
period is, perhaps, more dramatic as a share of GDP, going from a
substantial 3.6 percent in 1987, down to a modest 1.2 percent in
1990, and up again to about 3.1 percent in 1992. Japan's growing
surplus is criticized as a consequence of that country's barriers
to trade, and as a drag on the economic recover…
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Date:
October 29, 1993
Creator:
Elwell, Craig K.
Partner:
UNT Libraries Government Documents Department