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The Role of Currency Realignments in Eliminating the US and China Current Account Imbalances

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NBER2011-01-01 更新2025-01-04 收录
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The high level of current account imbalances continues to be a major focus of international concern. In this paper I suggest why public and private actions in the United States and China are now likely to cause the current account imbalances in those countries to shrink and perhaps even to disappear

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2011-01-01
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