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- W2784563054 abstract "The lead story in The Economist earlier this month (8 July 2017), “Why the German current-accountsurplus is bad for the world economy”, starts from the assumption that the rest ofthe world would benefit if Germany were to spend more. This holds true only in a world thatis constrained by demand. But this is less and less the case since the global output gap has alreadyfallen below 0.5% (of potential output) and is projected to disappear within a year or two. Underthese conditions, the German current account surplus, which amounts to 0.33% of global output,cannot do a lot of damage to the global economy" @default.
- W2784563054 created "2018-02-02" @default.
- W2784563054 creator A5070353003 @default.
- W2784563054 date "2017-07-01" @default.
- W2784563054 modified "2023-09-24" @default.
- W2784563054 title "Is Germany’s current account surplus bad for the world economy? CEPS Commentary, 27 July 2017" @default.
- W2784563054 hasPublicationYear "2017" @default.
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