The U.S. federal budget deficit reached $2.8 trillion for the fiscal year 2021.1It was the second-highest deficit since 1945; the 2020 deficit of $3.1 trillion as a result of the COVID-19 pandemic takes the top spot.23 Learn more about the factors impacting the federal budget deficit, ho...
The Relationship and Trend of Current Account and Budget Deficit: a Case Study of Chinadoi:10.25236/AJBM.2020.020416Xiaomei HanYuan YongFrancis Academic Press
This article investigates the relationship between budget deficit and current account deficit using ARDL bound testing approach for the developing country South Africa over the period of 1990–2018 featured with liquidity constraints and decreasing consumption. The results of the study confirm the long‐...
The main culprit behind the current account deficit is the U.S. trade deficit. In 2020, it was $679 billion.2 Causes Why would the richest country on earth need to borrow money to sustain its economy? It’s because of the trade deficit. Americans spend more on imports than U.S. ...
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Iran Trade promotion plan: It is a new plan launched by three European powers namely UK, France and Germany to help companies trade with Iran.The move is said to defy US President Donald Trump with a bid to bypass US sanctions. The entity is key to the European Unions effort to save ...
Budget deficitJordanAccount deficitIn this research, we attempted to investigate the current account deficit and its relationship to some macroeconomic variables. Using variables such as those adopted in the traditional income/expenditure model, the results indicate that those variables explain, in an ...
aclaimed for the optimal level of the current account deficit. Current account deficits occur[translate] aeconomic performance depends on investment. If the rate of return on investment exceeds[translate] aand the current account deficit has two components. The component of the budget deficit[transla...
Getting thebest possible rate on your mortgagecan make a big difference in your monthly budget — not to mention potentially thousands saved in interest over the life of the loan. You won’t know what rates you qualify for, though, unless you narrow down the besttype of mortgagefor your si...
In Romania, in the highly complex framework in which the economic activity takes place, in the attempt to show the place held by the budget deficit, a special role is assigned to determine the share of public financial deficit in the consolidated budget revenue and expenditure. Currently, ...