01530cas a2200241 a 4500 AALejournalIMF008721 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451980929 0252-3108 BD-DhAAL BD-DhAAL International Monetary Fund. The U.S. Current Account Deficit and the Global Economy. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (36 pages) per Jacobson lecture <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents the views of Lawrence H. Summers on the U.S. current account deficit and the global economy. Summers highlights that the U.S. current account deficit is currently running well in excess of USD 600 billion at an annual rate, in the range of 5.5 percent of GDP. It represents more than 1 percent of global GDP and absorbs close to two-thirds of the cumulative current account surpluses of all the world's surplus countries. Summers thinks that such a unique imbalance deserves careful scrutiny. Mode of access: Internet per Jacobson lecture Full text available on IMF http://elibrary.imf.org/view/books/028/07357-9781451980929-en/07357-9781451980929-en-book.xml IMF e-Library