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Le Déficit extérieur américain: interprétations et perspectives

Author: Burda, Michael C. INSEAD Area: Economics and Political ScienceIn: Observations and Diagnostics Economiques. Lettre de l'OFCE, no. 72, 30/03/1990 Language: FrenchDescription: p. 1-4.Type of document: INSEAD ArticleNote: Please ask the Library for this articleAbstract: This paper discusses some of the aspects of the US current account deficit. It stresses the role of durable goods in the widening of the US trade balance and the counterpart entry in foreign capital flows. In the light of these facts, the economic consequences of the US trade and current accountdeficits may be exaggerated
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This paper discusses some of the aspects of the US current account deficit. It stresses the role of durable goods in the widening of the US trade balance and the counterpart entry in foreign capital flows. In the light of these facts, the economic consequences of the US trade and current accountdeficits may be exaggerated

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