Fundamentals at Odds? : The U.S. Current Account Deficit and The Dollar /
The real effective exchange rate of the dollar is close to its minimum level for the past 4decades (as of September 2008). At the same time, however, the U.S. trade and currentaccount deficits remain large and, absent a significant correction in coming years, wouldcontribute to a further accumulatio...
| Main Author: | Milesi-Ferretti, Gian |
|---|---|
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2008.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2008/260 |
| Online Access: | Full text available on IMF |
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