THE ROLE OF FOREIGN INVESTORS IN U.S. PUBLIC DEBT FUNDING
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THE ROLE OF FOREIGN INVESTORS IN U.S. PUBLIC DEBT FUNDING
Annotation
PII
S268667300000616-7-1
Publication type
Article
Status
Published
Edition
Pages
79-94
Abstract
The growing dependence of the U.S. economy on foreign capital inflows caused by low savings rate is a significant risk for the financial stability of both the United States and the global financial system as a whole. The United States leads the world by value of public debt in absolute terms that continues to grow. At the same time the share of foreign investors accounts for about a half of the public debt.
Keywords
U.S. public debt, foreign capital inflows to the U.S., U.S. treasuries
Date of publication
11.12.2014
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0
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704
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