THERE APPEARS to be a broad consensus across the different sectors of our society that fiscal deficits are to be avoided.
Japan’s current-account surplus hit a record high in the first half of this fiscal year, marking a potentially positive development for the country’s economic recovery and weakened currency. Japan’s ...
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There can be consequences when the amount a country spends abroad is wildly different from what it receives from the outside world The current account balance seems to be an abstruse economic concept.
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