The financing of the current account balance of the United States, 2000-2011

• Autores: Felipe de Jesús Padilla Aguilar, Guadalupe Hernández Carmen
• Localización: Ecorfan Journal, ISSN-e 2007-1582, Vol. 3, Nº. 8, 2012, págs. 919-926
• Idioma: inglés
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• Resumen

  • The objective of this study is to analyze the sources of funds for the balance of current account in the United States in the period 2000-2011. The theoretical framework is based on an economy open according to Samuelson. The result is that the sources of financing of the current account balance are: the balance of financial account, surplus savings countries such as China, Japan, United Kingdom and the oil exporting countries, which picked up through the bonds of the United States treasure. Also other sources of external financing are central banks and other official agencies foreign, as well as other capital flows such as: deposits, loans to the Government or the private business sector, or the purchase of shares, movable property or financial instruments with mortgage bonds.