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Global Imbalances and U.S. Policy Responses
Richard G. LipseyMurray Gordon SmithCanadian-American Committee
其他書名
A Canadian Perspective
出版Canadian-American Committee, 1987
ISBN08880617229780888061720
URLhttp://books.google.com.hk/books?id=pxPsAAAAMAAJ&hl=&source=gbs_api
註釋Examines the implications of global imbalances for bilateral relations due toa perceived widespread beliefthat policy challenges arising from global tradeand current account imbalances and the longer-term consequences of the risinginternational liabilities of the US economy have important consequences forthe interdependent economics. The report focuses on attitudes towards USpolicy response to its own trade deficits and puts it in context of pastworld trade liberalization and then discusses diagnoses and prescriptionsfrom mainstream economists, supply-side, and industrial policy school views. Solutions considered include depreciating the US dollar, macroeconomic policy, trade policy and industrial policy possibilities.