Is the current-account deficit sustainable?

Owen Humpage

Economic Commentary, 1998, issue Oct

Abstract: How long can we service our growing international indebtedness without causing economic disruption? This explanation of the current-account adjustment process provides fundamental knowledge that will enable the reader to form opinions about the state of affairs and to estimate the probabilities of possible outcomes.

Keywords: Balance of payments; Balance of trade (search for similar items in EconPapers)
Date: 1998
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