Sacchetti, Ugo - In: Banca Nazionale del Lavoro Quarterly Review 58 (2005) 232, pp. 3-20
This article updates one of four trends in the US economy which were highlighted in a previous paper "Whither the US economy" published in 1999 in this Review. It focuses on the developments in the external accounts. In addition to showing a rapid increase in the negative US current account...