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Steht das US-Leistungsbilanzdefizit vor einer Korrektur?

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  • Zimmermann Guido

    (Schwanthalerstraße 50, D - 60596 Frankfurt)

Abstract

Will the huge US current account deficit finally come down? Are lower capital imports into the US or even a capital flight out of the country threatening the US Dollar? I will argue that the US current account deficit will close gradually over the next years. Due to higher productivity growth relative to Europe and Japan and because of the special role of the US Dollar this will not entail a strong depreciation of the Dollar, however.

Suggested Citation

  • Zimmermann Guido, 2002. "Steht das US-Leistungsbilanzdefizit vor einer Korrektur?," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 51(3), pages 253-268, December.
    • Handle: RePEc:lus:zwipol:v:51:y:2002:i:3:p:253-268:n:3
    DOI: 10.1515/zfwp-2002-0303
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