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U.S. International Deficits, Debt, and Income Payments: Key Relationships Affecting the International Outlook


  • John Kitchen


A variety of issues and relationships will be of fundamental importance in determining the future paths of the U.S. current account, international debt position, and net international income flows. This paper describes the key relationships and presents projection results that illustrate the sensitivity of the outcomes to those relationships. Although the base case scenario presented in the paper shows a relatively benign outcome based on Blue Chip projections and the likely continuation of historical relationships, alternative projections help to illustrate the risks—and the potential sources of those risks—for a more adverse outcome for U.S. international deficits, debt and income flows.Business Economics (2007) 42, 7–16; doi:10.2145/20070101

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  • John Kitchen, 2007. "U.S. International Deficits, Debt, and Income Payments: Key Relationships Affecting the International Outlook," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 42(1), pages 7-16, January.
  • Handle: RePEc:pal:buseco:v:42:y:2007:i:1:p:7-16

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