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By Michael B. Devereux and Hans Genberg

Abstract

Global current account imbalances, more specifically the large deficit in the United States and the surplus in China and some other Asian economies, continue to attract considerable attention both among policy makers and academics. While the academic literature has focused predominantly on the sustainability of the imbalance and o

Year: 2006
OAI identifier: oai:CiteSeerX.psu:10.1.1.360.1024
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