The UK Current Account Deficit and All That.
In this speech, Stephen Nickell, member of the Bank's Monetary Policy Committee, discusses the recent history of the U.K. current account deficit. Over the past 20 years, the average annual deficit has been around 2% of GDP and shows no signs of diminishing. Indeed, the trade deficits continues...
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Format: | Journal article |
Language: | English |
Published: |
2006
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