Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5055957 | Economic Modelling | 2009 | 7 Pages |
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
Hideki Nishigaki,