Journal Article

Is the current-account deficit sustainable?


Abstract: How long can we service our growing international indebtedness without causing economic disruption? This explanation of the current-account adjustment process provides fundamental knowledge that will enable the reader to form opinions about the state of affairs and to estimate the probabilities of possible outcomes.

Access Documents

File(s): File format is text/html https://fraser.stlouisfed.org/title/4515/item/627689
Description: Full Text

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1998

Issue: Oct

Order Number: 2