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International Economics Commons

Open Access. Powered by Scholars. Published by Universities.®

2017

Political Science

Social Impact Research Experience (SIRE)

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Full-Text Articles in International Economics

The German Current Account: A Comparison Of American And European Perspectives And Policies, Lauren N. Anders Jan 2017

The German Current Account: A Comparison Of American And European Perspectives And Policies, Lauren N. Anders

Social Impact Research Experience (SIRE)

This paper reviews the components of the current account balance, the historical trends of Germany’s current account, and compares Germany’s current account to others across the world. It then discusses factors contributing to the current account surplus, including savings and investment behaviors, interest rates and the euro, and the gap between exports and imports. After discussing the impact of the surplus on international political relations and the political environment within Germany, this paper then delves into American, European, and German perspectives of the surplus – if it is harmful to the Eurozone and the global economy, and if so ...