Bibow, Jörg (contributor) - 2006
order that induce the developing world to run current account
surpluses and accumulate dollar reserves is one factor. Japan …
imports filling the gap), or that U.S. net foreign investment is sharply negative and the rest of
the world accumulating, in …
too little and spending too lavishly, that the rest of the world is all too keenly exporting to, but
less eagerly …