US–China External Imbalance and the Global Financial Crisis
This paper advances an alternative explanation of the large external imbalance between the United States and China, and its linkages to the current global financial crisis. We show that US current account deficits dated back long before the emergence of China's recent large trade surpluses, wit...
Main Authors: | , , |
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Format: | Journal Article |
Language: | en_US |
Published: |
Taylor and Francis
2013
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Subjects: | |
Online Access: | http://hdl.handle.net/10986/15765 |