US–China External Imbalance and the Global Financial Crisis

This paper advances an alternative explanation of the large external imbalance between the United States and China, and its linkages to the current global financial crisis. We show that US current account deficits dated back long before the emergence of China's recent large trade surpluses, wit...

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Bibliographic Details
Main Authors: Lin, Justin Yifu, Dinh, Hinh T., Im, Fernando
Format: Journal Article
Language:en_US
Published: Taylor and Francis 2013
Subjects:
Online Access:http://hdl.handle.net/10986/15765