Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. n economics, a country may face a ...

Since 2002, the U.S. has seen the emergence of twin deficits—that is, a growing budget deficit along with a growing current account deficit, which reflects increasing U.S. borrowing from abroad. To ...

We estimate shocks that explain most of the variation in the current account at business cycle frequencies and over the long run. We then explore, using a standard open-economy macro model, which ...

China’s reported current account surplus rose from $55 billion in the second quarter of 2024 ($220 billion annualized, or just over a percentage point of GDP) to $148 billion (just under $600 billion ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. A single current account caters to all ...

The RBI has introduced a stricter current account framework effective from 1 April 2026, tightening controls for businesses with borrowing of Rs 10 crore or more. Only lenders holding at least 10% of ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. China’s reported current account surplus rose from $55 billion in the second ...