[PDF.40db] G7 Current Account Imbalances: Sustainability and Adjustment (National Bureau of Economic Research Conference Report)

The current account deficit of the United States is more than six percent of its gross domestic product—an all-time high. And the rest of the world, including other G7 countries such as Japan and Germany, must collectively run current account surpluses to finance this deficit. How long can such unevenness between imports and exports be sustained, and what form might their eventual reconciliation take? Putting forth scenarios ranging from a gradual cor...

You can specify the type of files you want, for your gadget.G7 Current Account Imbalances: Sustainability and Adjustment (National Bureau of Economic Research Conference Report)   |  From University of Chicago Press. A good, fresh read, highly recommended.