Is the U.S. Trade Deficit Caused by a Global Saving Glut?

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Balance of payments.

Budget deficits.

Econometric models.

Physical Description:

1 online resource (17 pages, digital, PDF file)

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2005.

System Details:

text file

Summary:

Examines debate surrounding cause of U.S. trade deficit. Discusses the conventional economic view, which attributes the cause of the current U.S. account deficit to low U.S. national saving rate, and the "global savings glut" view, which regards increased global savings and decreased investment demand as cause for U.S. trade deficit. Analyzes arguments and offers a model through which to acknowledge both views.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Congressional Research Service. Is the U.S. Trade Deficit Caused by a Global Saving Glut?

Access Restriction:

Restricted for use by site license.