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International Money And Debt: Challenges For The World Economy

Edited by Rudiger Dornbusch and Steve Marcus
Reviewed by William Diebold, Jr.
Fall 1991
International Money And Debt: Challenges For The World Economy
Edited by Rudiger Dornbusch and Steve Marcus
International Center for Economic Growth
1991
200 pp.
$12.95
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The case for yet another collection of papers on international debt lies largely in some of the points made by authors who have been close to the actual workings of international finance in recent years.

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In the Magazine

November/December 2009 / 6, 88
Essay
The Dollar and the Deficits
C. Fred Bergsten

The global economic crisis has revealed the folly of large U.S. budget and trade deficits, as well as of the strong dollar that makes them possible. If it is serious about recovery, the United States must balance the budget, stimulate private saving, and embrace a declining dollar.
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