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In both scenarios, the assumptions for the three first features: factors market, government and foreign deficit, are the same.
Writing in an upcoming issue of Foreign Policy, Roach says that when Greenspan steps down next year, he will leave behind a record foreign deficit and a generation of Americans with little savings and mountains of debt.
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Our global economic strategy -- developed by, for and of the multinational corporations and banks -- has disemboweled our manufacturing sector while racking up unsustainable foreign deficits and debts.
All seven countries have lower unemployment rates, smaller budget deficits as a share of GDP, and lower foreign deficits as a share of GDP, than the U.S. We look pretty miserable indeed by comparison.
The committee was set up by the present French government last August, when France's foreign trade deficit began to increase at an alarming pace.
A chronic foreign trade deficit makes it nonetheless heavily dependent on foreign aid and remittances from Malians working abroad.
She also does not help Obama fill his foreign policy deficit.
Under Thơ's watch, the foreign trade deficit hovered between 150 and 200%, and the gap between the urban elite and the peasant majority grew.
For those Latin American countries that do not have petro-based economies, such as Nicaragua, the chronic foreign exchange deficit has continued unabated.
The foreign-trade deficit, $170 million for 2001, was still hovering at $141 million by mid-2002.
At the same time, the United States continues to run extremely high foreign trade deficits.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com