The Annenbergs
The Annenbergs

Author: John E. Cooney

Publisher: Simon & Schuster

Published: 1982

Total Pages: 456

ISBN-13:

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"This is the colorful and dramatic biography of two of America's most controversial entrepreneurs: Moses Louis Annenberg, 'the racing wire king, ' who built his fortune in racketeering, invested it in publishing, and lost much of it in the biggest tax evasion case in United States history; and his son, Walter, launcher of TV Guide and Seventeen magazines and former ambassador to Great Britain."--Jacket.

Fiscal Policy and the Current Account
Fiscal Policy and the Current Account

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2010-05-01

Total Pages: 32

ISBN-13: 1455200808

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This paper examines the relationship between fiscal policy and the current account, drawing on a larger country sample than in previous studies and using panel regressions, vector autoregressions, and an analysis of large fiscal and external adjustments. On average, a strengthening in the fiscal balance by 1 percentage point of GDP is associated with a current account improvement of 0.2–0.3 percentage point of GDP. This association is as strong in emerging and low-income countries as it is in advanced economies; and significantly higher when output is above potential.