The United States and Global Capital Shortages: The Problem and Possible Solutions

by Sara L. Gordon

Gordon maintains that the United States must implement policy measures to reduce the large amounts of capital it is borrowing from the rest of the world--a problem she attributes, mainly, to low private savings rates and high federal budget deficits. She explains how the United States became a debtor nation, describes the changes in global capital markets that occurred in the 1980s, and analyzes the extent of global capital requirements, the drop...

• Format: Hardcover
• Language: English
• ISBN: 0899307728
• ISBN13: 9780899307725
• Release Date: August 1995
• Publisher: Praeger
• Length: 240 Pages
• Weight: 1.19 lbs.
• Dimensions: 0.9" x 6.1" x 9.5"