The Economist points to some intriguing OECD modeling of options for closing America’s $145bn (5% of GDP) current account deficit. bq. America must beggar its neighbours with a competitive devaluation of the dollar, or beggar itself with a massive fiscal contraction—or both (“Economist”:http://www.economist.com/agenda/displayStory.cfm?story_id=2784281)
Peter Gallagher is a leading Australian consultant on trade and public policy.[bio].
"I can help you with strategies for, and analysis of, international markets, law and regulations, trade agreements, export policies, import restrictions… I also offer reports, conferences and master-classes for government officials and industry associations on international trade research."
Email: Peter Gallagher