Learn what a current account deficit is, its structural and cyclical causes, and how it impacts economies worldwide. Find ...
Now that we have three of the four data points for 2004, it is worth trying to make a (well) informed guess about the end of the year current account deficit -- and to peer into 2005. This post of ...
Richard Cooper has an oped in today’s FT (avaible here, subscription needed) arguing that the US current account deficit is “not only sustainable, it is perfectly logical”. Cooper argues that a $500 ...