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On Current Account Surpluses and the Correction of Global Imbalances

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NBER2007-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12904
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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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2007-02-01
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