When the dollar depreciates, it actually narrows our net liability position instead of increasing it and this tends to stabilize the net international liability position even in the face of large current account deficits
The VAR analysis shows that twin deficit
hypothesis does exist in the short run for Pakistan.
The European Commission launched in July last year an excessive budget deficit
procedure against Bulgaria and 24 other EU member-states to ensure that the countries reduce swiftly their state spending, and keep their budget deficit
below 3% of the GDP, as stipulated by EU's Stability and Growth Pact.
Another rationale for the deficit
fetish the familiar "confidence" game of Herbert Hoover, which has been subsequently updated by such people as Reagan-era Budget Director David Stockman and current Fed Chairman Alan Greenspan.
Two-thirds of the deficit
patients received initial clinical ratings of substantial thought disorganization or bizarre behavior, compared with one-third of their nondeficit counterparts, Fenton and McGlashan contend.
The allocation of loss (risk) was based on the partner's limited deficit
restoration obligation, i.
The main cause of the deficit
decline--90% of it, says White House budget director Rob Portman--is a tidal wave of tax revenue.
They became undesignated funds and that was what was used to cover the deficit
If numerical skill deficits
are hypothesized to be the primary deficit
, the following strategies may prove helpful.
Many economists refer to this connection as the "twin deficit
problem": A wider government budget deficit
leads to a wider current account deficit
(all else constant).
Reality Check: The budget deficit
of $422 billion projected for fiscal 2004 is the largest in history and a 12.
Bush's budget proposal, just as the CBO was increasing its projection for the federal deficit
this year by 24% to $246 billion.