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

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 inves...

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Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2005.
Series:	U.S. Congressional Research.
Subjects:	Balance of payments. Budget deficits. Econometric models. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
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.
Item Description:	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. Electronic resource.
Physical Description:	1 online resource.