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미국 경상수지적자 확대가능성과 한국경제에 미치는 영향(Sustainability of the US current account deficit and its effects on the Korean economy)

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Title 미국 경상수지적자 확대가능성과 한국경제에 미치는 영향(Sustainability of the US current account deficit and its effects on the Korean economy)
Similar Titles
Material Type Reports
Author(Korean)

강문성; 나수엽

Publisher

서울:대외경제정책연구원

Date 2002
Series Title; No 연구보고서
Pages 143
Subject Country South Korea(Asia and Pacific)
Language Korean
File Type Documents
Original Format pdf
Subject Economy < Others
Holding 대외경제정책연구원; KDI 국제정책대학원

Abstract

The U.S. current account deficit has been increasing at an incredibly fast pace in recent years, reaching $393 billion in 2001, the equivalent of 3.9 percent of the GDP. The sharp growth of the current account deficit highlights the dependence of domestic demand on borrowing from abroad. It implies that the external imbalance is related to the domestic imbalance between savings and investments, even though other factors such as productivity growth and investment booms in the New Economy also contributed to the current trend of the U.S. current account deficit. (The rest omitted)