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European Development and the World Economy Edmond Malinvaud
Japans View of Current External Imbalances Masaru Yoshitomi page
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Analyzes balance of payments billion budget deficit capital exporter capital inflows capital markets changes competitiveness Cooper current account deficit current account imbalance current account surplus debt crisis debt problem debtor countries decline demand developing countries discussion domestic economic policies effects Europe European expand expenditures external Feldstein fiscal policy floating exchange rates foreign Fred Bergsten global growth high-employment current account high-employment government deficit HWWA I. G. Patel impact important income increase industrial countries Institute for International international economic International Monetary International Monetary Fund International Trade investment issues Japan Japan's current account John Williamson labor LDCs long-term macroeconomic macroeconomic policy monetary policy OECD oil shock output overvalued percent of GNP policy coordination policy mix productivity protectionism real interest rates real wage recession reduced research agendas savings strong dollar structural Studies Trade Policy unemployment United Washington World Bank world economy Yoshitomi