About this document
Understanding U.S. Triple Deficits by Hidayat Amir is a document available to read on EtoBox.
This document discusses the interrelationship between the US trade deficit, federal budget deficit, and domestic saving and investment. It explains that these three balances must sum to zero, so a change in one affects the others. Currently, the US has high budget and trade deficits that are exacerbated by low private saving. These deficits are financed by foreign investment inflows, increasing US reliance on foreign creditors and vulnerability to changes in foreign policy. The document argues that policies
- Author
- Hidayat Amir
- Language
- EN