Is the U.S. Current Account Deficit Sustainable?

Labonte, Marc

Library of Congress. Congressional Research Service.

关键词: Deficit financing;    Budget deficits;    Deficit reduction;    Budgets;   

RP-ID  :  RL33186
RP-ID  :  RL33186_2010Apr02

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report reviews studies on the America's current account (CA) deficit's sustainability. Some of the studies suggest that a large dollar depreciation could eventually be required to restore sustainability. But the inflation-adjusted 25% depreciation of the dollar from 2002-2008 had little effect on the CA deficit, which kept growing until 2007.