Article ID Journal Published Year Pages File Type
5055957 Economic Modelling 2009 7 Pages PDF
Abstract
Despite reduction in trade deficits, the US recession can damage the world economy. The expansion of overseas economies is required to reduce global imbalances without global recession. One of our implications is that foreign countries should increase domestic demand.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
,