Kaufman and Leigh, Global Imbalances and the COVID-19 Problem

1. What type of imbalances are/were occurring due to COVID-19 and what ways can they be rectified?

2. Does it matter that any nation runs a current account deficit or surplus?

 

Mallaby, What China could learn from Richard Nixon

1. What were some of the ways Nixon tried to prop up the U.S. economy?

2. Do we see anything like that today?

 

Stiglitz, America has little to teach China about a steady economy.

1. What can help alleviate (or at least keep it from going up) U.S. trade imbalances?

2. How can an elimination of Chinas trade surplus harm the U.S.?