Cover -- Title -- Copyright -- Table of Contents -- Acknowledgments -- Abbreviations -- Chapter 1 Global Outlook: A Fragile Recovery -- Summary -- Major economies: Recent developments and outlook -- Global trends -- Emerging market and developing economies: Recent developments and outlook --...

The objective of this paper is to explore how the external balance of the United States (US) might evolve in future years as the economy emerges from the recession. We examine the issue from the domestic perspective of the saving and investment balance and from the external side in terms of the...