U S Trade Deficit Causes Consequences And Cures

Author : Albert E. Burger
Publisher : Springer Science & Business Media
Page : 318 pages
File Size : 40,9 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789400925205

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U.S. Trade Deficit: Causes, Consequences, and Cures by Albert E. Burger Pdf

On October 23 and 24, 1987, the Federal Reserve Bank of St. Louis hosted its twelfth annual economic policy conference, "The U.S. Trade Deficit: Causes, Consequences, and Cures." This book contains the papers and comments delivered at that conference. A sharp decline in the value of the dollar against major foreign cur rencies began in March 1985 and continued through December 1987. Despite this decline, the U.S. trade deficit experienced considerable growth during this time. Many consider the simultaneous occurrence of these two events over so long a period to be a problem requiring a policy response. The conference addresses this issue. Various papers discuss the cause of the trade deficit, the reason for its size and persistence, its relation ship with other macroeconomic variables, its impact on other industrialized countries, and various policy proposals aimed at reducing the deficit. Session I Peter Hooper and Catherine L. Mann provide an analytical setting for the conference with their "The U.S. External Deficit: Its Causes and Persistence." Their observation that the unprecedentedly large U. S. trade imbalance is striking in both its size and its persistence could well be the subtitle of each of the papers presented. The macroeconomic studies, which Hooper and Mann summarize in their review of the existing literature, uniformly conclude that the deficit has not responded to fundamental macroeconomic determinants-relative U.S. income growth and the dollar's exchange rate-in the way that earlier, smaller U.S.

Author : Anonim
Publisher : Unknown
Page : 28 pages
File Size : 40,9 Mb
Release : 2010
Category : Electronic
ISBN : OCLC:713245890

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The U.S. Trade Deficit: Causes, Consequences, and Policy Options by Anonim Pdf

The current account balance is the nation's most comprehensive measure of international transactions. It has three component balances: the goods and services balance, the investment income balance, and net unilateral transfers. These are all transactions thought to be closely related to current production, consumption, and income. For the United States, the size of the current account deficit is largely the refection of a similarly sized goods and services deficit (i.e., trade deficit). The U.S. current account (trade) deficit grew steadily from 1992 through 2006. In 2007, however, the trade imbalance decreased to $726.6 billion from $803.5 billion in 2006. In 2008 and 2009, the trade deficit continued to decrease, reaching $706.1 billion and $419.9 billion, respectively. These decreases reflected strong export sales and a steady weakening of import purchases. A sizable depreciation of the dollar from 2002 through 2007 made U.S. exports more attractive to foreign buyers and imports less attractive to American buyers. In addition, since 2006, economic growth in the United States slowed relative to that of its major trading partners. As a percentage of GDP, the trade deficit in 2009 decreased to 2.9%, down from a record 6.1% in 2006.

Author : U.S. Trade Deficit Review Commission
Publisher : Unknown
Page : 342 pages
File Size : 48,7 Mb
Release : 2000
Category : Balance of trade
ISBN : MINN:31951D02015475X

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The U.S. Trade Deficit by U.S. Trade Deficit Review Commission Pdf

"Report of the U.S. Trade Deficit Review Commission, November 14, 2000"--Cover p. [2].

Author : Albert E Burger
Publisher : Unknown
Page : 336 pages
File Size : 53,9 Mb
Release : 1989-04-30
Category : Electronic
ISBN : 9400925212

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U.S. Trade Deficit by Albert E Burger Pdf

Author : U.S. Trade Deficit Review Commission
Publisher : Unknown
Page : 307 pages
File Size : 55,7 Mb
Release : 2000
Category : Balance of trade
ISBN : LCCN:2001315907

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The U.S. Trade Deficit by U.S. Trade Deficit Review Commission Pdf

"Report of the U.S. Trade Deficit Review Commission, November 14, 2000"--Page 2 of cover.

Author : United States. Congress. House. Committee on Foreign Affairs. Subcommittee on International Economic Policy and Trade
Publisher : Unknown
Page : 184 pages
File Size : 49,7 Mb
Release : 1987
Category : Balance of trade
ISBN : STANFORD:36105063185750

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The Trade Deficit by United States. Congress. House. Committee on Foreign Affairs. Subcommittee on International Economic Policy and Trade Pdf

Author : Murray Weidenbaum
Publisher : Unknown
Page : 300 pages
File Size : 42,9 Mb
Release : 2001-11-01
Category : Electronic
ISBN : 0756714990

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The U. S. Trade Deficit by Murray Weidenbaum Pdf

Report of the U.S. Trade Deficit Review Commission. The Commission examined the trade deficit and its causes and consequences, and developed recommendations for action. The Commission held 10 public hearings, took testimony from 138 witnesses, commissioned original research and surveys of the lit., and met to deliberate on the info. collected. Chapters: causes of the U.S. trade and current account deficits; consequences of the U.S. trade and current account deficits; are large trade and current account deficits sustainable? worker adjustment assist.; trade policy and organization in the era of globalization; and international trade data: improving our knowledge base. Includes a CD-ROM.

Author : United States. General Accounting Office
Publisher : Unknown
Page : 60 pages
File Size : 55,5 Mb
Release : 1987
Category : Balance of trade
ISBN : IND:30000090450259

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International Trade by United States. General Accounting Office Pdf

Author : Craig Kent Elwell
Publisher : Unknown
Page : 16 pages
File Size : 47,7 Mb
Release : 2001
Category : Balance of trade
ISBN : OCLC:57030035

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The U.S. Trade Deficit by Craig Kent Elwell Pdf

Author : Richard Duncan
Publisher : Unknown
Page : 288 pages
File Size : 46,6 Mb
Release : 2003-06-25
Category : Business & Economics
ISBN : STANFORD:36105111832999

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The Dollar Crisis by Richard Duncan Pdf

The first book to confront the imminent dollar crisis Given the current global economic situation, a dollar crisis seems imminent. It is predicted that the series of financial and currency crises in recent years will soon culminate in the collapse of the U.S. dollar, facilitating a worldwide economic slump. This timely and challenging book brings together the origins of this crisis and the solutions that will help counter global imbalance. Filled with in-depth insights and practical advice, The Dollar Crisis is a highly relevant guide for all markets, since the collapse of the U.S. dollar will result in global destabilization impacting capital markets everywhere. Richard Duncan (Hong Kong) has worked as a financial analyst in Asia for more than fifteen years. During his career, he has worked for leading companies such as Salomon Brothers, HSBC Securities, International Monetary Fund, and The World Bank.

Author : Anonim
Publisher : Unknown
Page : 588 pages
File Size : 46,7 Mb
Release : 2024-06-28
Category : Commercial statistics
ISBN : STANFORD:36105113729870

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U.S. International Trade in Goods and Services by Anonim Pdf

Author : Roland Vaubel,Thomas D Willett
Publisher : Routledge
Page : 320 pages
File Size : 42,6 Mb
Release : 2019-10-16
Category : Political Science
ISBN : 9781000232622

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The Political Economy Of International Organizations by Roland Vaubel,Thomas D Willett Pdf

The idea for this volume was conceived by Frederick Praeger, founder of Westview Press, who asked Roland Vaubel if he would put together a collection of chapters on the public choice approach to the study of international organizations. Vaubel felt it would be useful to have a coeditor from the United States, and Thomas D. Willett enthusiastically agreed to take on these duties.

Author : Robert A. Blecker
Publisher : Routledge
Page : 163 pages
File Size : 43,5 Mb
Release : 2016-09-16
Category : Business & Economics
ISBN : 9781315288314

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Beyond the Twin Deficits: A Trade Strategy for the 1990's by Robert A. Blecker Pdf

This study documents evidence of a decline trend in the international competitiveness of US industry. The analysis identifies three groups of countries that account for most of the US trade deficit in the 1980s: the surplus countries, Germany and Japan; the East Asian NICs; and the Latin American debtors. In each case the author points to underlying structural problems contributing to the deficit. They call for quite different US policy responses, including microeconomic and industrial policies, incentives to revive productivity, growth and technological innovation, import surcharges, wage increases in the NICs, currency realignments, US capital exports, and debt relief. A pragmatic policy approach, with efforts to open foreign markets, aims to achieve the greatest possible reduction in the trade deficit with the lowest possible cost from macroeconomic adjustments. The author urges the reversal of two adverse trends in his policy strategy: the decline in public sector investment and the decreasing progressivity of the tax code.

Author : Enrico Fels
Publisher : Springer
Page : 768 pages
File Size : 51,9 Mb
Release : 2016-11-03
Category : Political Science
ISBN : 9783319456898

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Shifting Power in Asia-Pacific? by Enrico Fels Pdf

This book investigates whether a power shift has taken place in the Asia-Pacific region since the end of the Cold War. By systematically examining the development of power dynamics in Asia-Pacific, it challenges the notion that a wealthier and militarily more powerful China is automatically turning the regional tides in its favour. With a special emphasis on Sino-US competition, the book explores the alleged linkage between the regional distribution of relevant material and immaterial capabilities, national power and the much-cited regional power shift. The book presents a novel concept for measuring power in international relations by outlining a composite index on aggregated power (CIAP) that includes 55 variables for 44 regional countries and covers a period of twenty years. Moreover, it develops a middle power theory that outlines the significance of middle powers in times of major power shifts. By addressing political, military and economic cooperation via a structured-focused comparison and by applying a comparative-historical analysis, the book analyses in depth the bilateral relations of six regional middle powers to Washington and Beijing.

Author : James K. Jackson
Publisher : DIANE Publishing
Page : 19 pages
File Size : 48,8 Mb
Release : 2010-11
Category : Business & Economics
ISBN : 9781437936988

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Financing the U.S. Trade Deficit by James K. Jackson Pdf

The U.S. merchandise trade deficit is a part of the overall U.S. balance of payments (BoP), a summary statement of all economic transactions between the residents of the U.S. and the rest of the world, during a given period of time. Some Members of Congress and others are concerned over the magnitude of the U.S. merchandise trade deficit and the associated increase in U.S. dollar-denominated assets owned by foreigners. This report provides an overview of the U.S. BoP, an explanation of the broader role of capital flows in the U.S. economy, an explanation of how the country finances its trade deficit or a trade surplus, and the implications for Congress and the country of the large inflows of capital from abroad. Charts and tables.