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Can the Growth in the U.S. Current Account Deficit Be Sustained?: The Growing Burden of Servicing Foreign-Owned U.S. Debt

Dimitri Papadimitriou, Edward Chilcote and Gennaro Zezza

Economics Strategic Analysis Archive from Levy Economics Institute

Abstract: Can the growth in the U.S. current account deficit be sustained? How does the flow of deficits feed the stock of debt? And how will the burden of servicing this debt affect future deficits and economic growth? These are some of the questions we address in this Strategic Analysis....

Date: 2006-05
New Economics Papers: this item is included in nep-fmk
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