£40.99

Who is Funding America?: Foreign Investment in U.S. Securities (American Political, Economic, and Security Issues)

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£40.99 £38.94 £39.76 £40.58 £41.40 £42.22 £43.04 14 April 2026 03 May 2026 22 May 2026 10 June 2026 29 June 2026

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Description

Given its relatively low savings rate, the U.S. economy depends heavily on foreign capital inflows from countries with high savings rates (such as China) to help promote growth and to fund the federal budget deficit. Thus, foreign central banks and government-owned investment funds have played an important role financing the US current account deficit over the past several years. As the US economy has slowed relative to the rest of the world in late 2006, reducing the attractiveness of US financial of US financial assets to private investors abroad, the share of the US external deficit financed by foreign central banks increased substantially. This book examines this increasing dependency of the U.S. economy on foreign investment.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
21 May 2010
Listed Since
06 June 2009

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