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Saving and Investment in a Global Economy
Barry Bosworth
出版
Brookings Institution
, 1993
主題
Business & Economics / International / General
Business & Economics / Economics / Macroeconomics
Business & Economics / Personal Finance / Money Management
Business & Economics / International / Economics & Trade
Political Science / General
ISBN
0815710445
9780815710448
URL
http://books.google.com.hk/books?id=OXrsAAAAMAAJ&hl=&source=gbs_api
註釋
The emergence of large trade imbalances among the industrial countries during the 1980s - particularly the massive deficit of the United States and the surpluses of Germany and Japan - has led to growing disenchantment with the international economic system. But while many critics point to unfair trade practices as the cause of these imbalances, Barry Bosworth contends that this emphasis is misplaced. Instead, he argues, the trade disparities are not the result of external infractions, but rather a reflection of domestic failures.