Low Savings or a High Trade Deficit?: >i>Which Tail Is Wagging Which?>/i>

Peter Dorman

Challenge, 2007, vol. 50, issue 4, pages 49-64

Abstract: Low savings do not drive the trade deficit, argues this author. Rather, the nation has to deal with its propensity to import foreign goods and the high value of the dollar.

Date: 2007

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