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Will the US current account deficit tip the world economy out of balance? PDF Print E-mail
Current global economic imbalances cause a grossly inequitable distribution of global resources. This one- pager explains that capital is 'flowing uphill' towards rich countries, in particular to the US. The authors contend that the money that many middle-income countries are now investing in the US could make a major contribution to development if it were redirected to poorer countries, or even kept within these middle-income countries.
Read more at: http://www.eldis.org/cf/search/disp/DocDisplay.cfm?Doc=DOC23473&resource=f1glob.
 
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