EconWatch.com > In the Bad Old Summer's Time?

[Economist's View] Summers was skeptical... In recent years, numerous economists have predicted the foreign investors and central banks whose purchases of U.S. stocks and bonds, direct investments in companies and bank loans have financed the current account deficits would become reluctant to continue doing so.

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[LA2AL-Quds] Quote of the Day Clifton Ryan, a defensive end... : LA2AL-Quds BlogThis! LA2AL-Quds Cellar door Wednesday, October 27, 2004 The Onion is back again this year with their Election 2004 coverage, as always it (like the Daily Show) is a liberal operation and dishes out the satire to Bush more than to Kerry, but their stuff is still

[Pgpblog.worldbank.org] Poverty and Growth Blog |: Bolnick from the Center for International Development at Harvard University argues that this very ambitious target is feasible. In his paper “Economic Growth as an Instrument for Poverty Reduction in Mozambique: Framework for a Growth Strategy" he studies the relationship between Growth and Poverty Reduction and applies it to the specific case of Mozambique.

[Rgemonitor.com] RGE - Nouriel Roubini's Blog: That is why countries that run current account deficits become net foreign debtors. There are only two ways in which this accumulation of foreign liabilities of a debtor country can occur: either debt (when you issue private or government bonds purchased by foreigners and when you borrow in the form of bank or other loans from foreigners) or equity that can take the forms of FDI (foreign direct investment when non-residents acquire a domestic firm or other domestic assets such as real estate  or when they build a new factory in the US) or portfolio investment in the equity market.

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[Topics.nytimes.com] Lawrence Summers News - The New York Times: WITH the current and projected Federal budget deficits reaching unprecedented heights, the need for a tax increase has never been greater. Yet that prospect creates a dilemma for economic policymakers.

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