Where Did All the Borrowing Go? : A Forensic Analysis of the U.S. External Position /

The deterioration in the U.S. net external position in recent years has been much smaller than the extensive net borrowing associated with large current account deficits would have suggested. This paper examines the sources of discrepancies between net borrowing and accumulation of net liabilities f...

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Détails bibliographiques
Auteur principal: Milesi-Ferretti, Gian
Autres auteurs: Lane, Philip
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2008.
Collection:IMF Working Papers; Working Paper ; No. 2008/028
Accès en ligne:Full text available on IMF