U.S. Competitiveness: Beyond the Trade Deficit

Summary: Pending
AVAILABLE ON THE INTERNET WITH GOOGLE TITLE-AUTHOR SEARCH. "This is a paper that was not sent to GMU. It was found in sept 2011 in boxes of John's saved papers. Abstract by the authors: Large trade deficits and the corresponding increase in u.s. international indebtedness have raised concerns about the lon-run competitiveness of the United Stattes. But being competitive requires more than balance in our foreign trade; it requires an improving standard of living. The long-term U.S. competitive problem is largely caused by low saving rates, high costs of capital, and the resulting inadequtelevel of both visible and invisible investment. s lonhg as the U.S. national saving rate remains far below that of all our major competitor nations, there is little chance for restorinig America's international economic position.

Additional Info

  • Size: 148 p
  • Publication Year: 1989
Read 101 times Last modified on Sunday, 07 May 2017 12:43
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