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文章基本信息

  • 标题:Possible Depreciation of the US Dollar for Unsustainable Current Account Deficit in the United States
  • 本地全文:下载
  • 作者:Eiji Ogawa , Takeshi Kudo
  • 期刊名称:CESifo Forum
  • 印刷版ISSN:1615-245X
  • 出版年度:2007
  • 期号:04
  • 出版社:Ifo Institute for Economic Research
  • 摘要:

    The United States has been faced with an increasing
    current account deficit since the latter half
    of the 1990s. Its current account
    deficit stood recently at over
    6 percent of GDP.We remember
    that the current account deficit
    was over 3 percent of GDP in the
    mid-1980s when the US dollar
    was rapidly depreciated after the
    Plaza Accord in September 1985.
    The current account deficit of
    recent years has been regarded
    as being at a dangerous level
    when compared with its size in
    the mid-1980s..

  • 关键词:Current Account Deficits,US dollar
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