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The Current Account and Foreign Debt By John Pitchford

The Current Account and Foreign Debt By John Pitchford Summary:

This book argues that it is not alway true that current account deficits are intrinsically bad and in need of serious correction. John Pitchford analyzes a broad range of issues in support of this argument, discussing approaches to current account balance, short run issues, longer run issues and policy. This counterbalance to a common misapprehension in economic theory will be a valuable guide for students of international monetary theory.

About the Author

John Pitchford holds the Chair of Economics at the Australian National University.

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