Can the United States Transform Itself Into an Exporting Juggernaut&quest
C. Fred Bergsten
Business Economics, 2011, vol. 46, issue 3, 154-158
The United States is capable of becoming an exporting juggernaut if it follows the right policies. This paper discusses what goals the United States should pursue and how it should go about reaching them. The goals should be ambitious—more ambitious than current policy suggests. Gross exports should increase to about 20 percent of GDP, whereas the current account deficit should decline to about 2 percent. The most important instruments to achieve these goals are liberalization of export controls, aggressive pursuit of trade agreements, and exchange rate correction—particularly with China. The paper gives estimates of what can be achieved by these instruments.
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://www.palgrave-journals.com/be/journal/v46/n3/pdf/be201113a.pdf Link to full text PDF (application/pdf)
http://www.palgrave-journals.com/be/journal/v46/n3/full/be201113a.html Link to full text HTML (text/html)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pal:buseco:v:46:y:2011:i:3:p:154-158
Ordering information: This journal article can be ordered from
Access Statistics for this article
Business Economics is currently edited by Charles Steindel
More articles in Business Economics from Palgrave Macmillan, National Association for Business Economics Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().