from the St Louis Fed
Which countries import more than they export, and vice versa?
In this video clip – taken from a recent Dialogue with the Fed event – Senior Economist Paulina Restrepo-Echavarria discusses which countries have been running current account surpluses over the past few decades and which ones have been running deficits. She also briefly touches on why some countries would run persistent surpluses and deficits.
Additional Resources
- Dialogue with the Fed: Go with the Flows – The Balancing Act of International Trade
- On the Economy: What’s Behind the Global Decline in Trade Barriers?
- On the Economy: North American Connectedness After NAFTA
Source
https://www.stlouisfed.org/on-the-economy/2019/july/countries-run-current-account-surpluses-deficits
Disclaimer
Views expressed are not necessarily those of the Federal Reserve Bank of St. Louis or of the Federal Reserve System.