Approaches to Managing External Equilibria: Where We Are, Where We Might Be Headed, and How We Might Get There

Edwin Truman

Chapter 6 in Evolution of the International and Regional Monetary Systems, 1991, pp 59-77 from Palgrave Macmillan

Abstract: Abstract While not all economists around the world would agree with Robert Triffin’s statement that the external deficit of the United States is the central international economic problem today, a remarkably large majority would agree with him — remarkable by the normal standard of agreement among economists. The consensus breaks down, however, when it comes to the question of why the US external deficit is so important.

Keywords: Monetary Policy; Current Account; Budget Deficit; Current Account Deficit; Fiscal Deficit (search for similar items in EconPapers)
Date: 1991
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Working Paper: Approaches to managing external equilibria: where we are, where we might be headed, and how we might get there (1989)
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DOI: 10.1007/978-1-349-11061-2_6

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