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The United States and Global Capital Shortages: The Problem and Possible Solutions

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The United States and Global Capital Shortages: The Problem and Possible Solutions - Gordon, Sara
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Gordon maintains that the United States must implement policy measures to reduce the large amounts of capital it is borrowing from the rest of the world--a problem she attributes, mainly, to low private savings rates and high federal budget deficits. She explains how the United States became a debtor nation, describes the changes in global capital markets that occurred in the 1980s, and analyzes the extent of global capital requirements, the drop in the U.S. savings rate, and the policy measures that could be taken to raise ...

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The United States and Global Capital Shortages: The Problem and Possible Solutions 1995, Praeger, New York

ISBN-13: 9780899307725

Hardcover