Search results
Results from the WOW.Com Content Network
A current account surplus increases a nation's net foreign assets by the amount of the surplus, and a current account deficit decreases it by that amount. A country's balance of trade is the net or difference between the country's exports of goods and services and its imports of goods and services, excluding all financial transfers, investments ...
Therefore, with an additional $400 billion deficit, the trade deficit would, according to the theory, be increased by some $200 billion. "Double deficit" in the USA. Fiscal balance (black) and current account balance (red). Source: ameco. [4] An economy is deemed to have a double deficit if it has a current account deficit and a fiscal deficit ...
A turning point was the 1997 Asian financial crisis, where unsympathetic responses by western powers caused policy makers in emerging economies to re-assess the wisdom of relying on the free market; by 1999 the developing world as a whole stopped running current account deficits [16] while the U.S. current account deficit began to rise sharply.
The Commerce Department's Bureau of Economic Analysis said on Wednesday the current account deficit, which measures the flow of goods, services and investments into and out of the country ...
The U.S. current account deficit surged to a 15-year high in the third quarter amid a record increase in imports as businesses rushed to replenish depleted inventories to meet strong demand. The ...
The U.S. current account aims to measure the nation's international trade balance, and it considers all goods, services and unilateral transfers each quarter. Today's report was a first-quarter ...
However, excessive current account deficit, combined with low investor confidence and the possibility of a currency crisis, may force the central bank to implement contractionary macroeconomic policies to restrict economic growth. When economic growth or activity is being restricted, low investment and low levels of expenditure will generally ...
Ben Margot/AP By Lucia Mutikani WASHINGTON -- The U.S. current account deficit tumbled to a 14-year low in the fourth quarter as exports touched a record high, a government report showed Wednesday.