Reducing the U.S. deficit by recycling capital inflows

The United States can simply recycle the financial capital inflows from China and re-export them back to China in the form of FDI. In so doing, the United States gains a substantially larger rate of return from FDI than China does from owning U.S. government bonds.

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Year of publication:	2012
Authors:	Wen, Yi
Published in:	Economic Synopses. - Federal Reserve Bank of St. Louis. - 2012, 17
Publisher:	Federal Reserve Bank of St. Louis
Subject:	Balance of payments \| Deficit financing

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010727240