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European global banks intermediating US dollar funds are important in influencing credit conditions in the United States. US dollar-denominated assets of banks outside the US are comparable in size to...
Global savings glut or global banking glut?
Asia’s Current Account Surplus: Savings Glut or Investment Drought?
Savings Glut Investment
2009/9/1
Over the last few years economists have started referring to the existence of “global payments imbalances”, reflected in the growing current account surpluses and deficits among different regions of t...