Summary: PRELIMINARY PROGRAM - Are There Thresholds of Current Account Adjustment? - Financial Account Adjustment - Current Account Adjustment and International Wealth Transfers - Current Accounts and Global Rebalancing in a Multi-Country Simulation Model - The Emergence and Transformation of the US Current Account Deficit - Direct Investment, Rising Real Wages and the Absorption of Excess Labor in the Periphery - Will the Euro Eventually Surpass the Dollar as Leading International Reserve Currency? - Current Account Adjustment and Overshooting - Current Account Reversals: Always a Problem? - The US Current Account Deficit and Sustainability: A Disaggregated Perspective - Demystifying Current Account Adjustment: A Focus on the United States

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