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Author: Grafiati

Published: 18 May 2024

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1

Toll of the twin deficits. New York, N.Y: CED, 1987.

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2

M, Rock James, ed. Debt and the twin deficits debate. Mountain View, Calif: Mayfield Pub. Co., 1991.

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3

Gibson, Heather D. Twin deficits in credit-rationed economics. Canterbury: University of Canterbury at Kent, 1992.

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4

Chen, Baizhu. The twin deficits: empirical evidence in Canada. Toronto, Ont: York University, Department of Economics, 1993.

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5

Wolf, Charles. A proper perspective on the twin deficits. Santa Monica, CA: Rand Corp., 1989.

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6

Wolf, Charles. A proper perspective on the twin deficits. Santa Monica, CA: Rand Corporation, 1989.

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7

Fountas, Stilianos. Twin deficits, real interest rates and international capital mobility. [Galway]: Department of Economics, National University of Ireland, Galway, 2000.

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8

Tootell, Geoffrey M. B. Back to the future: Monetary policy and the twin deficits. [Boston]: Federal Reserve Bank of Boston, 1992.

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9

Tootell, Geoffrey M. B. Back to the future: Monetary policy and the twin deficits. [Boston]: Federal Reserve Bank of Boston, 1992.

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10

Beyond the twin deficits: A trade strategy for the 1990s. Armonk, N.Y: M.E. Sharpe, 1992.

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11

Kearney, Colm. Fiscal policy and current account performance: International evidence on the twin deficits. Dublin: Central Bank of Ireland, 1988.

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12

Burnside, Craig. On the fiscal implications of twin crises. Cambridge, MA: National Bureau of Economic Research, 2001.

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13

Committee for Economic Development. Toll of the Twin Deficits: Budget Deficits, Trade Deficits. Committee for Economic, 1987.

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14

Zdzienicka, Aleksandra, and Davide Furceri. Twin Deficits in Developing Economies. International Monetary Fund, 2018.

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15

Zdzienicka, Aleksandra, and Davide Furceri. Twin Deficits in Developing Economies. International Monetary Fund, 2018.

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16

Zdzienicka, Aleksandra, and Davide Furceri. Twin Deficits in Developing Economies. International Monetary Fund, 2018.

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17

Blecker, Robert A. Beyond the "Twin Deficits": A Trade Strategy for the 1990's. Routledge, 2016. http://dx.doi.org/10.4324/9781315288338.

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18

Interaction between twin deficits: Indian experience in the macroeconomic reform period. Bangalore: Institute for Social and Economic Change, 2003.

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19

Blecker, Robert A. Beyond the Twin Deficits : a Trade Strategy for The 1990's: A Trade Strategy for The 1990's. Taylor & Francis Group, 2016.

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20

Blecker, Robert A. Beyond the Twin Deficits : a Trade Strategy for The 1990's: A Trade Strategy for The 1990's. Taylor & Francis Group, 2016.

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21

Blecker, Robert A. Beyond the Twin Deficits : a Trade Strategy for The 1990's: A Trade Strategy for The 1990's. Taylor & Francis Group, 2016.

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22

Blecker, Robert A. Beyond the Twin Deficits : a Trade Strategy for The 1990's: A Trade Strategy for The 1990's. Taylor & Francis Group, 2016.

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23

Vambery, Robert G., and Taranza T. Ganziro. Exorbitant Burden: The Impact of the U. S. Dollar's Reserve and Global Currency Status on the U. S. Twin-Deficits. Emerald Publishing Limited, 2016.

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24

Vambery, Robert G., and Taranza T. Ganziro. Exorbitant Burden: The Impact of the U. S. Dollar's Reserve and Global Currency Status on the U. S. Twin-Deficits. Emerald Publishing Limited, 2016.

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25

Huang, Yukon. China’s Unbalanced Growth. Oxford University Press, 2017. http://dx.doi.org/10.1093/oso/9780190630034.003.0004.

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Abstract:

Most observers have criticized China’s growth model as internally unbalanced, defined by its exceptionally low share of consumption to GDP and commensurately high share of investment in GDP, and externally unbalanced in generating huge trade surpluses mirrored by large trade deficits in the United States and Europe. Many theories have been advanced to explain China’s “twin” imbalances. They focus on distorted prices and excessive savings, but none have highlighted the critical role of urbanization and labor migration. China’s internal imbalances can be seen as the byproduct of a generally successful urbanization-cum-industrialization process rather than a risk. If the diagnosis is wrong, then the resulting policy prescriptions also warrant questioning. With appropriate structural reforms to increase productivity and a more efficient urbanization process, rebalancing will eventually occur without the need to artificially prop up personal consumption.

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