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ID091457
Title ProperDollar and the deficits
LanguageENG
AuthorBergsten, C Fred
Publication2009.
Summary / Abstract (Note)The global economic crisis has revealed the folly of large U.S. budget and trade deficits, as well as of the strong dollar that makes them possible. If it is serious about recovery, the United States must balance the budget, stimulate private saving, and embrace a declining dollar.
`In' analytical NoteForeign Affairs Vol. 88, No. 6; Nov-Dec 2009: p.20-38
Journal SourceForeign Affairs Vol. 88, No. 6; Nov-Dec 2009: p.20-38
Key WordsDollar ;  United States ;  Trade ;  Global Economic Crisis ;  Fuel ;  Budget