This book examines the causes and consequences of changes in nations’ external account imbalances over recent decades. Contrary to suggesting these imbalances are a source of concern, a major aim of the book is to highlight the international macroeconomic gains which can result from increased international trade in saving.


Exchange Rate International Monetary Fund Current Account International Capital Capital Mobility 
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Copyright information

© A. J. Makin 1994

Authors and Affiliations

  • A. J. Makin
    • 1
  1. 1.University of QueenslandAustralia

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