Is the U.S. Trade Deficit Caused by a Global Saving Glut?
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Corporate author / creator: | Library of Congress. Congressional Research Service. |
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Imprint: | [S.l] : [s.n.], 2005. |
Description: | 17 p. : digital, PDF file. |
Language: | English |
Subject: | |
Format: | E-Resource U.S. Federal Government Document Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/10648860 |
Other uniform titles: | ProQuest U.S. Congressional Research Digital Collection. |
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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. |
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. |
Other form: | Microfiche version: Library of Congress. Congressional Research Service. Is the U.S. Trade Deficit Caused by a Global Saving Glut? |
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