The authors challenge this view here and develop two alternative interpretations. Both are based on the notion that a bubble (the "dot-com" bubble) has been dri

Over the past decade the United States has experienced widening current account deficits and a steady deterioration of its net foreign asset position. During th

The current account deficit of the United States is more than six percent of its gross domestic product—an all-time high. And the rest of the world, including

The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government repo

Adopting a political-economy perspective, this book is an original collection of research chapters that focus on Turkey’s economic-development experience from