to the relative size of the countries’ GDP. We conclude that the continuation of the fast growth rate of China, while …

related to the relative size of the countries' GDP. We conclude that the continuation of the fast growth rate of China, while …

growth. We obtain mixed results. For an economy where LBD externality operates in the traded sector, real exchange rate …

growth. We obtain mixed results. For an economy where LBD externality operates in the traded sector, real exchange rate …

Since the onset of the global financial crisis, China and the U.S. have reduced their current-account imbalances as a … share of GDP to less than half their pre-crisis levels. For China, the reduction in its current-account surplus post … relationship between current-account balances and economic variables changed in important ways after the financial crisis. China …