Exports and Domestic Demand
Posted by Simon LesterPresident Obama:
"countries with large surpluses must shift away from an unhealthy dependence on exports and take steps to boost domestic demand".
Is domestic demand too low in China and other countries with trade surpluses? Or is domestic demand too high in the U.S. and other countries with trade deficits? How do we determine the appropriate level of domestic demand?
This blog is managed by WorldTradeLaw.net. You can find it at: http://worldtradelaw.typepad.com/ielpblog/
The 15 November posts also include one on the TPP which is a matter of debate for New Zealand.
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