On Current Account Surpluses and the Correction of Global Imbalances
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In this paper I analyze the nature of external adjustments in current account surplus countries. I ask whether a realignment of world growth rates -- with Japan and Europe growing faster, and the U.S. growing more slowly -- is likely to solve the current situation of global imbalances. The main
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美国国家经济研究局创建时间：
2007-02-01
