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The Columbia Encyclopedia, Sixth Edition articles from March 2005
With over 51,000 entries The Columbia Encyclopedia (Sixth Edition) is an authoritative and exhaustive reference guide. Each entry is thorough and clear, the result of over 200 editors and academic advisors striving for depth and accuracy in the oldest, most venerable English language encyclopedia in the world.
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The Columbia Encyclopedia, Sixth Edition archives from March 2005
Editors' summary.
March 22, 2005... THE BROOKINGS PANEL ON Economic Activity held its seventy-ninth conference in Washington, D.C., on March 31 and April 1, 2005. This issue of Brookings Papers on Economic Activity includes the papers and discussions presented at the conference....
International investors, the U.S. current account, and the dollar.
March 22, 2005... TWO MAIN FORCES underlie the large U.S. current account deficits of the past decade. The first is an increase in U.S. demand for foreign goods, partly due to relatively faster U.S. growth and partly to shifts in demand away from U.S. goods...
Global current account imbalances and exchange rate adjustments.
March 22, 2005... THIS IS THE third in a series of papers we have written over the past five years about the growing U.S. current account deficit and the potentially sharp exchange rate movements any future adjustment toward current account balance might imply....
Is it 1958 or 1968? Three notes on the longevity of the Revived Bretton Woods system.
March 22, 2005... IT IS NOW widely accepted that the broad outlines of the current international monetary system are as we described them almost two years ago and labeled "the Revived Bretton Woods system." This system's main features are
--the emergence of...
Is the U.S. current account deficit sustainable? If not, how costly is adjustment likely to be?
March 22, 2005... MANY ANALYSTS IN academia, the private sector, and applied research institutions express increasing concern about the growing U.S. current account deficit. There is a general sense that current global imbalances are unsustainable and that...
Asset returns and economic growth.
March 22, 2005... IT IS DIFFICULT to see how real U.S. GDP growth can be as rapid in the next half-century as it has been in the last. The baby boom is long past, and no similar explosion of fertility to boost the rate of labor force growth from natural increase...