The dollar is on the decline…more or less. Will this cause the long awaited adjustment?
Category Archives: deficits
March 2006 trade balance figures
Oil imports in the spotlight
New research on the current account adjustment process
Insights on how global current account imbalances might be resolved
New Research on the Sources of Current Account Deficits
Some excerpts from a recent conference on Current Account Sustainability in Major Advanced Economies
The Debate over the Impact of the Budget Deficit on the Current Account Deficit
What does the empirical literature say?
Is the Renminbi (Rmb) undervalued in price terms? Does it matter if it is?
With the visit of President Hu to the United States, Chinese currency misalignment is at the top of the agenda. What is “misalignment”?
February Trade Figures
A (semi-) Positive Surprise on the trade balance
The Full Employment Budget Surplus
The CBO’s latest estimates
Chinese revaluation
What would be the important effects?
Postscript to “Critique of Pure Dark Matter”
Mixed news for 4th quarter net income in the current account release