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Item Details
| Title:
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UNTANGLING THE US DEFICIT
EVALUATING CAUSES, CURES AND GLOBAL IMBALANCES |
| By: |
Richard A. Iley, Mervyn K. Lewis |
| Format: |
Hardback |
| List price:
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£106.00 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
1845429206 |
| ISBN 13: |
9781845429201 |
| Publisher: |
EDWARD ELGAR PUBLISHING LTD |
| Pub. date: |
28 August, 2007 |
| Pages: |
288 |
| Description: |
From a situation of near zero in 1990, the US current account deficit has expanded to a record level of almost $900 billion in 2006. Is the deficit a product of American profligacy or a 'glut of savings' in the rest of the world? This book gauges the origins and sources of the deficit, its sustainability and the urgency of corrective action. |
| Synopsis: |
As the US current account deficit has expanded to a record level of $811 billion in 2006, debate about the deficit's causes and consequences has also grown. Is the deficit a product of American profligacy or a `glut of savings' in the rest of the world? Is it a serious problem or essentially benign? Untangling the US Deficit charts a course between the competing explanations in a systematic and rigorous approach, incorporating the latest academic research and market data. Particular attention is given to the China-United States trade imbalance and to the special role of the US dollar and US capital markets in global finance.This unique and well-researched book will be of great interest to academic economists and postgraduates. Policy-makers, business and market economists will also find it to be an enlightening and challenging account. |
| Publication: |
UK |
| Imprint: |
Edward Elgar Publishing Ltd |
| Returns: |
Returnable |
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